VMC 0.00% 6.7¢ venus metals corporation limited

Value of VMC, page-77

  1. 10,075 Posts.
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    Venus had Youanmi in the first place and now it is 100% Rox, 0% Venus. Venus is a shareholder with Matty on the BOD, one of 4.
    Interesting to see how many free Rox shares and options Matty received (on the RXL thread).
    I held Venus for 5 years and it always had many irons in the fire which invariably came to nothing or were joint ventured off.
    In its entire history Venus has never had a successful project that went on to production.
    Matty has done well but the company has limped along for years and I doubt that lifestyle formula will change.
    All that Venus has now is a bunch of high risk projects but it's MC is $28m.
    Below is the 10 year chart.

    my opinion


    https://hotcopper.com.au/data/attachments/5411/5411850-c90b44fa502f60a1a85265511aa6d4ed.jpg

 
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