VMS 5.88% 1.8¢ venture minerals limited

Independent Broker Evaluation Report, page-3

  1. 32 Posts.
    lightbulb Created with Sketch. 13
    Good work dannyleb, also the exchange rate is worth a look

    back then then AUD/USD was approx .90c
    the report was done in may/June 2010
    so iron ore per ton was $130USD,
    in AUD was $144
    now exchange rate is about .72c
    so now iron ore $128USD
    in AUD is $178 per tonne
    so now iron ore is an extra $34 per ton
    times that by 1.6m tonnes
    an extra $55million
    hurry up VMS
 
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