turbo. I meant PFS not BFS. I def don't think the PFS is 'speculation'. It's simply more expensive to extract and concentrate the Tin than i had anticipated. VMS needs tin to stay high and concensus is (incl. my own) is that this is likely to occur. I was simply disappointed the costs wouldn't be lower and capex smaller. As stated i wrongly assumed VMS had similar geology to MLX. A massive glaring mistake on my part indicating i didn't do enough research. I agree it is highly likely VMS will discover more tin is its exploration.... possibly much ore and i hope for holders some rich grades eventuate.
Tim. Unless specified by management one can't be sure re reasons for delay in PFS. However, it seems that most times the PFS is delayed the eventual announcement disappoints mkt. My hunch is that the complex plant required conributed to delay.
A question for holders. Now that PFS figures are in public domain.... what is likely bottom for VMS shares and are readers buying more at current price of 44c? I am finding mkt very hard to read these past few months.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.37M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $18.04K | 1.548M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1942613 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1425947 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1942613 | 0.011 |
19 | 4925099 | 0.010 |
9 | 5198333 | 0.009 |
9 | 5166996 | 0.008 |
6 | 4071428 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1425947 | 5 |
0.013 | 1142992 | 7 |
0.014 | 1360037 | 5 |
0.015 | 1407825 | 4 |
0.016 | 1074330 | 4 |
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