VMS 2.94% 1.8¢ venture minerals limited

"VMS"" Success is not limited to "Riley", page-206

  1. 1,072 Posts.
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    Hi Voytek, Don't support trolls but must say your comments go a bit further than I would.


    Anyway something for discussion as people like to compare the two - facts people


    CHN

    MC $2.2B

    Management paid $2.6m last FY

    Excellent Management Team

    Great communicators with the market

    Just split out non core assets to another entity creating SH value

    All focus is on their current Julimar

    Market confidence sky high

    Top twenty shareholders hold 64.58% of the company

    Management own 13% approx


    VMS

    MC $70M

    Management paid $1.05m last FY

    Not great Management Team

    Poor communicators with the market

    To many assets on the go at one time - Gold, Copper, Tin, OI, Nickel and so on

    Focus is everywhere

    Low market confidence

    Top twenty shareholders hold 22% of the company

    Management own 2% approx


    Based on the above this is my thoughts so take them or leave them


    Management are overpaid to say the least based on performance - no more share issues for management

    We need to spin of the Tasmanian assets into a separate entity than can focus on getting Mt Lindsay up and running

    WA assets to have the shit drilled out of them to find out what we have got

    There needs to be more expertise brought into the organisation to enable better communication but also strategic planning - sell it to the market and make things happen


    Anyway something to consider as I am invested in VMS but want to see it set up for the best possible return to all shareholders.





 
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