Reuben Adams On May 12, 2021
Bulk Buys: Iron ore hits astonishing $US230/t, upside remains
"China loves a whinge, but right now they need our iron ore to feed their ravenous construction and manufacturing sectors.
Importantly, domestic steel prices and mills’ profit margins are still on a rising trend, Roskill says."...
Small Cap Standouts
Venture Minerals (ASX:VMS) is on track to be Australia’s next iron ore miner at its Riley mine in northwest Tasmania.
On April 21 the company said it was just two weeks from commissioning the plant.
“This timing puts the first iron ore shipment on track for this quarter and puts the company in a strong position to take advantage of the historically high iron ore prices,” Venture Minerals managing director Andrew Radonjic says.
Australia looking at five more years of iron ore riches
By Robin Bromby - May 11, 2021
Riley, page-542
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 7999876 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1680469 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |