VMS 0.00% 1.3¢ venture minerals limited

Sell side essentially gone now - waiting

  1. MrQ
    5,148 Posts.
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    After open at 3.9c next sell is 5.5c, then 16.0c, so essentially everyone holding.

    At Iron ore US$71 still, after allowance for lower [better] A$ Riley will still need Iron ore price for the offtake agreement at US$83 by my calc if A$ stays reasonably static.

    Still happy if they go straight to Lindsay tin/tungsten with some funding. Wonder if Dale Elphinstone wanted to triple up on his 2012 $6m investment in VMS?
 
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