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VAU - Vault Minerals

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Great month for vault hitting multi year highs

Share buy back great news finally starting to be properly valued for such a large resource
 
Lots of gold in the vault. Not sure what's factored in to these increases. It's a shame they've got a hedge overhang for the next year or so, although they're selling enough to make those ounces almost insignificant.



 
Still no definitive statement on Guidance.
The statement says "Ore Reserved support consistent yeay-on-year production for fY26, with the depletion of French Kiss ore offset by increased production and graded from the Santa open Pit mining complex".
No mention os costs that my quick perusal could find.
Plenty of data on reserves, but what is the metalurgy like and how much cost is involved in these deposits?
Still not convinced to buy back in yet.
Mick
 
Well they released guidance today.
From stock Doctor

BTL suggested they might look at offloading deflector and then swallow Bellavue.
Mick
 
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