VMS 5.26% 1.8¢ venture minerals limited

customer/s already??

  1. sle
    10,752 Posts.
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    Wouldn't be at all surprised if they already have customers in mind.

    DSO Project Fast Tracked - Signing of MOU with TasRail

    I assume it's Livingstone they're initially targeting given the rail location and low costs?

    DSO Hematite Resource – 2.2 million tonnes @ 58% Fe (Low Impurities)
    Resource is shallow, from surface and very consistent in grade
    Deposit has exceptional access to infrastructure – 2km to a sealed road which accesses existing rail and port facilities
    Net Revenue (LOM) - $92 million
    Capital Cost Estimate – less than $3 million
    $50 operating margin per tonne.
 
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