VMS 5.26% 1.8¢ venture minerals limited

Ann: Riley DSO Project Update, page-19

  1. MJP
    260 Posts.
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    I think the recent posts say it all. Where to from here?

    We now have management questioning the viability of the DSO project (assuming appeal outcome is favourable).and having done very little other recent exploration.

    So what is the upside to keep people invested? Reduction in management/director fees actually makes me more nervous as it makes it seem like there is no other plan other than waiting for Iron ore price to rise. With the scarcity of information being put out who is to say this is not the case!

    Certainly, to me, tin/tungsten seems to be the future game but without further exploration (where there maybe potential for lots of blue sky), no financing in place because that was coming from the DSO project, I have to ask how are management going to get the company to move forward?

    Comments pls.
 
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