VMS 4.76% 2.2¢ venture minerals limited

Ann: Mount Lindsay delivers Australia's 3rd l, page-8

  1. 4,266 Posts.
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    re: Ann: Mount Lindsay delivers Australia'... Yes, agree SLE, it would be great to get a handle on the extraction costs.

    Whilst I appreciate that Sn is only one of three revenue streams, I'm not sure about the low grade at 0.2%...easily the lowest of the ten tin mines and less than that of Collingwood (1.19%) which MLX has mothballed because it wasn't viable.

    Perhaps the ore and tungsten make VMS viable. Will be interested in Opaline's assessment.

    Good to see that we have a couple of "heavies" courting but hope that Andrew and crew are practising on their negotiation skills.
 
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