VMS 5.88% 1.8¢ venture minerals limited

Riley Iron Ore Mine - Progress, Photos and Calculations, page-262

  1. 4,333 Posts.
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    I haven't been on VMS since I got called a troll during the SP collapse from 16c to 12c.
    That was the last time the market had enough of AR's non disclosure. The 'unofficial' word got around that shipping still end of July. I came on today with it now Tues after end of month, something would have to have been released to market yesterday if not shipping. The market once again totally agrees with me, and the 'downrampers', this is getting sold hard because he missed another deadline.
    sharebeers and others who make crazy claims around those who talk down this company, know we are very worried shareholders (me personally down 20 grand over the last month or so).
    AR's performance in being the leader of a publicly listed company has been disgraceful. I don't want to go through the list again, but both on delivery and communication he has been the worse CEO of any company I own.
    We should have been getting $200+ a tonne for the whole upcycle in IO, and we are missing well delayed timelines as IO comes off the boil.
    Thanks for your update, i do believe you, as most downrappers do!!! It's like you say mate, why not update the market? As cuddles has said for months now (and others), why not get back to shareholders emails? There is no excuse for that!!!
    When I got into VMS 4 years ago I liked what they had, but even back then there was this same devision, because while they have always had good land, they havd generally done a tertible job.
    I stopped looking at shares as everything got murdered for 3 years. When covid hit, I looked back at vms, and it looked a gift, so I brought more. It wasn't a bad decision as their still up nicely, but the way they have messed up every step of this project has been really hard to watch.
    AR cant be in charge of this company going foward.
    Did anyone else notice the smugness in his reply about their incredibly lucky break in that the delays leading to shipping at record highs. This is a year late, and if we had spent the last year shipping, we would be 50c a share right now. AR has cost us all a multiples through his incompetence, and he sits there gloating about all the retail holders at his booth for investor days.
    If you we any good at what you did AR we would be many 100's of millions with large insto support.
    His arrogance is crippling us!!!!
 
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