Voyageur Pharmaceuticals Ltd V.VM

VM is in the Pharma business, not mining

[argeliom]

The Willis brothers made a strategic decision to move away from basic mining and enter a specific Pharmaceutical niche where they will enjoy a clear cost competitive advantage plus offer  radiocontrast clients a non China option. They will soon start generating cash flow by start selling by mid 2022 a portion of their product line in Canada using third party sourcing. Long term, they will significanly improve margins by developing their own API minerals source (Francis Creek) and GMP plant scheduled to start production by mid 2023.
I like their understated management process.They had promised the Market their PEA early 2022 and they delivered!! I will bet that the Preliminary Feasibility Report will be delivered before the date promised in the presentation.Also, I am really impressed with the industry consultants supporting VM.
https://voyageurpharmaceuticals.ca/wp-content/uploads/2021/09/Voyageur-Investor-Deck-Oct-2021.pdf

[whitenorth72]

This is what I understood from their December news release. This is a final document from SRS because all costs and plant design were completed. The plant and processing were part of "phase 2" or feasibility report. Thats what makes this PEA so positive that they can execute and begin financing and building while delivering 3 party products through their Calgary facilities. But maybe I

[postie1]

I do believe this is the total cost that you are referring to and this PEA is the base so I take that to mean it is  open for more to be added should the size of the deposit go up. A summary of Mine and Process capital costs are presented in the Table below. Description Capital Mining and On-Site Processing 3.82M Process plant

[MineralQuest]

It is mining to the extent that very high purity barite is extracted from near surface deposits. There is also a good likelihood that exploration of the property will result in more being found. Voyaguer differs from most mining in that the barite can be readily made into several pharmaceutical products. There would be no complex milling so the capex is very small. This is a no brainer and I am

[biggdogg]

Just wait until they repeat the plan on iodine. Once they do, and they will, they will have lowest cost iodine. GE, Bracco, Geurbet, Buyer will be screwed. Iodine using summit nanotech, that is what makes all shareholders serious coin. This is a five year hold for me. I have full confidence.