VDM Group Limited ( (AU:VMG) ) has shared an announcement.
VDM Group Limited’s recent quarterly activity report reveals a significant dispute regarding its Angolan projects, leading to legal actions and uncertainty over mining licenses and joint venture statuses. Additionally, the company is currently suspended from trading on the ASX due to inadequate operations but is actively seeking new business opportunities to meet ASX requirements and resume trading.
More about VDM Group Limited
VDM Group Limited operates in the mining industry, focusing on critical minerals projects primarily in Australia, with a particular interest in uranium, copper, lithium, and other essential minerals. The company is exploring new project opportunities that align with its investment strategy and aim to provide early cash flow.
Current Market Cap: A$6.93M
Learn more about VMG stock on TipRanks’ Stock Analysis page.