VMS 4.76% 2.2¢ venture minerals limited

Ann: Venture to Raise $8 million to Advance the , page-13

  1. 9,286 Posts.
    re: Ann: Venture to Raise $8 million to Advan... whilst i hold, I think it is very important to double the mine life to 15 years to provide large shareholder value here

    40M shares just issued is not significant in relation to the equity that will need to be issued to finance the CAPEX

    also, the exchange rate used is not conservative and should be increased to 85 cents.
 
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