VMS 7.69% 1.4¢ venture minerals limited

Ann: Mt Lindsay Sn-W Underground Mine Feasibility Study started, page-104

  1. 5,758 Posts.
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    Great post Charlie,

    You only need to look at the MC, the amount of announcements and the sentiment of BSX to know why our sp is nowhere. Their CEO has the ability to move their projects forward at a rate the market appreciates. This is why their MC is 3x that of VMS even though their project is smaller than Mt Lindsay and nickel is half the price of tin. He is talking to governments to progress the company, keep shareholders informed. AR is hiding in a cave somewhere or working on his side hustles. He basically doesn’t give a s..t about holders. He is on his fat million a year and that is all he thinks about. I’m surprised other top 20 haven’t got together to get rid of him yet. He has been a failure.

    The market has realised after the Riley debacle that AR is nowhere. They know he needs to be moved on. They see through all his fluff these days and holders are being punished for it. He clearly is not up to the job. The feasibility for ML should’ve been started 12 months ago.

    As for the drill results, he should be sending them to different labs if the current one is too slow. Other miners are still getting results after 6 weeks where it takes 6 months for VMS results.

 
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