VMS 5.26% 1.8¢ venture minerals limited

Ann: Sale of Riley Mine and Updated Tasmanian Exit Strategy, page-86

  1. 731 Posts.
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    AE23, totally agree. A cautious approach will reward. Future tin prices are presumed to grow significantly as supplies diminish in the face of increased demand. The number of new entries into the REE chance could be of concern...unless VMS ore supply can overcome a possible OVERSUPPLY globally.
    Tin appears to be harder to find and deliver in the near future years. Mt Lindsay still has much to offer to our long suffering shareholders.

    Can this new, experienced, but perhaps over keen BOD hold onto a sensible path of action.

    Let the mets and JORC speak first. Surely there has been a strong and very serious discussion with Elphinstone (???!!!) before deciding to exit TAS.

    All the work going on at Curtin has been so hyped, we are owed a reasonable response...before any hasty, flashy, quick decisions. (PL can come across as a bit flashy perhaps. Please prove me wrong!)

    Many ordinary shareholders livelihoods are at stake.


 
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