Vtm I'm so sorry to say to all holder's is positioned near Cue in the outback in the middle of WA. It is 700kms from Perth. The township of Cue is about 150 people. It's a ghost town. To recruit a workforce to the middle of WA where temperatures are nearing 50C in summer will be near on impossible. Management know this but are just playing share holder's along and getting paid handsomely. The resource is a good grade but it is very small for a clay deposit. Would need to be 5/10 times bigger I was told by a friend of mine who is a metallurgist. The cost of transport and power into these remote regions is huge. No renewable power in middle of WA yet but maybe in 10/20 year's the transmission lines will get built. Long shot as the best renewable energy is wind and that is near the coast. 700kms from coast is a long way for the energy to travel so I don't hold any hope of cheap renewable power helping vtm. Maybe they could use diesel fuel. That's really really dirty and expensive but I suppose it could happen. Good luck vtm holders you are going to need it big time.
- Forums
- ASX - By Stock
- VTM
- VTM General Discussion
VTM General Discussion, page-121
-
-
- There are more pages in this discussion • 170 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VTM (ASX) to my watchlist
|
|||||
Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.11M |
Open | High | Low | Value | Volume |
38.0¢ | 38.0¢ | 38.0¢ | $5.672K | 14.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9000 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 8907 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9000 | 0.375 |
2 | 53000 | 0.370 |
6 | 135287 | 0.360 |
4 | 54087 | 0.350 |
3 | 10612 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 4012 | 2 |
0.390 | 82089 | 3 |
0.395 | 5000 | 1 |
0.400 | 75100 | 3 |
0.410 | 1955 | 1 |
Last trade - 13.11pm 06/09/2024 (20 minute delay) ? |
Featured News
VTM (ASX) Chart |