We get it with your last few posts that you’re not happy with VMS management and you want an update ASAP.
You do realise the DFS requires VMS to only have Iron Ore price at US$90 to have AUS$30M profit right?
Most VMS holders would be happy with Iron Ore at US$150 and even at US$120.
It is a given that Iron Ore price above US$200 is not sustainable in the long termUmmmm the iron ore price was on the the same Commsec page summary I posted and it was in the green but since it was slightly in the green, I didn’t think it was necessary to highlight it.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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29 | 10061241 | 0.017 |
9 | 2287500 | 0.016 |
7 | 1792699 | 0.015 |
2 | 700000 | 0.014 |
Price($) | Vol. | No. |
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0.020 | 2178389 | 5 |
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