VMS 5.26% 1.8¢ venture minerals limited

Scaring away Mining Investment in Tasmania et al, page-3

  1. MJP
    260 Posts.
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    I am afraid to say however I no longer see how even getting mining rights will help in the short/medium term.
    With Fe ore hovering around $60/t and Tin at $19.5k/t compared to the DFS I don't see anything viable at the moment. So we are looking at $AUS going down to ~70c vs $US before we get anywhere near an economic project - and we still require the funding. Not good at the moment.
 
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