VMS 5.88% 1.8¢ venture minerals limited

Iron Ore & Tin price, page-213

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    Yes it will verify we have more minerals are available but profit is based on what comes out of the ground, Andrew is saying 2 ton a year, if the feasibility study says more can be taken out of the ground then the valuation changes. The time scale will change from say 8 years to maybe 30+ years just at a lower level of production maybe who knows, thought I'd point this out as it is significant to what most would have estimated.
    Last edited by levendful: 03/07/21
 
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