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Vanadium One Iron Corp. VDMRF

Voyager Metals Inc, formerly Vanadium One Iron Corp is engaged in the exploration of its properties for base metals and precious metals in Canada. Some of the projects of the company are Mont Sorcier Iron ore property and Clinton Manganese Property. It has one business segment Iron Ore Exploration in Canada.


OTCPK:VDMRF - Post by User

Comment by alfhopeon Jul 22, 2020 8:23am
122 Views
Post# 31300647

RE:RE:PP

RE:RE:PPNext Steps to Move Mont Sorcier to a Development Decision:
 
• Enter into Strategic Partnership Agreement(s)
• Undertake Drilling Program to Upgrade Resources to M&I
• Undertake additional metallurgical work
• Commence Environmental Studies
• Commence Formal Permitting Process
• Commence Discussions and Negotiations with various Stakeholder Groups
    Local community of Chibougamau
    Impact and Benefit Negotiations with local Indigenous groups
• Undertake formal discussion with CN, Hydro Quebec and   Quebec Port Authoritisues for       commercial agreements
• Complete a Bankable Feasibility Study
• Arrange Project Financing subject to feasibility study results   
   
I would think that the next steps are arranged chronologically. Would mean that they must first look for a strategic partner. (JV ?) In my opinion, such a deal would lead to a revaluation of the company, i.e. the share price would have to multiply. The subsequent steps would then be processed in consultation with the new partner. Opinions on this ?

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