VMS 5.26% 1.8¢ venture minerals limited

Time For A New BOD, page-23

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    lightbulb Created with Sketch. 243
    Okay I suspect the quarterly report will drop around 6.30pm tonight.

    Cash @ 30th June 2021 = $9.488m
    Shares issued (51m @ .065c) = $3.315m
    Payment for first shipment = $5.1m

    Total should be $17.903m in the bank less what they spent between 30th June and now.

    Riley moth balled 17 September.

    So we will get a good feel based on whats in the bank to what Riley has cost us over the last 3 months.

    Anywhere below approx $12m in the bank we lost money on Riley.

    Have a guess people closest to the pin!!!!
    Last edited by Gordobre: 22/10/21
 
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