VMS 5.26% 1.8¢ venture minerals limited

Ann: Mount Lindsay delivers another exceptional Tin Intersection, page-40

  1. 570 Posts.
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    Dear Venturians

    I very rarely post these days with information as the arguing and bickering amongst holders turn me away from the site.

    I would like to clarify one thing, everyone refers to it as a lookalike however the Company says it is the same or holds more potential, so while a lot of people keep bagging the Company and destroying the share price if you really look at it you will see it is as good if not better than what CHN holds. CHN went from 20c to $9 on nothing more than a sniff yet we are ~20c adjusted for shares on issue.

    read my previous post on the 4 variables that have to align to restart riley. the 5th variable is a constant io price. at the moment the price of io is up and down like a brides nickers, I wouldn't be booking a ship if I was AR until he sees 57Fe consistently selling for $120+ which puts 62fe at $160+. once the 17 steel mills reopen the discount may reduce therefore the price of 57Fe is the important number as the benchmark 62Fe may stay around the $140-$150 mark.

    It may be better to split the Company as capital requirements for the WA assets is different to the Tassie assets. I also believe a lot of investors won't touch Tasmania due to the leaches on society that live there calling themselves environmentalists. my experience is the hardworking Aussies are the true environmentalists and the others wouldn't know the difference.

    Now let the BBF go after me like they normally do when I comment and I will sit back and laugh at their ignorance and hypocritical views as the type away on their iPhones, laptops etc which are made from the minerals that the hardworking Aussie's and Companies like VMS search for to keep them in the lifestyle that our taxes provide for them.
    https://hotcopper.com.au/data/attachments/4101/4101992-06673eeb03e392698fe6978ecd9f41c6.jpg
 
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1.8¢
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Mkt cap ! $43.90M
Open High Low Value Volume
1.8¢ 1.9¢ 1.8¢ $125.5K 6.970M

Buyers (Bids)

No. Vol. Price($)
24 7299478 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 285855 2
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