VMS 0.00% 1.8¢ venture minerals limited

Ann: 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform, page-67

  1. 3,575 Posts.
    lightbulb Created with Sketch. 1826
    Hi mho25.
    You mentioned $50tn of RRE mineral.

    1000 by 2%= 20kg
    I'm working on terrible Mets 60%= 12kg

    The current range in spot price with the minerals that we have is around $240kg-$110kg TREO MREO allowing for price volatility. Please DYOR
    I'm using $110 which will allows for digging.
    So $110 by 12kg =$1320 less screening. Over my estimate of in-ground quantum (6500m by 3500m by 25m by SG.) SO just for Jupiter body is over $1bn net less dry screening. This is for one anomaly and at $110kg. Also I've used 60% Mets. Just to put it into prospective as you had issues with a 12-25m overburden. We still have the intrusion zones up our sleeves.

    T2
    Correct the finer the mill the better recoveries. Bare in mind if targeting certain minerals, courser milling is used. Generally 20mc seems the better general perp.

    GL to both of you.
 
watchlist Created with Sketch. 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
1.8¢ 1.8¢ 1.8¢ $38.70K 2.150M

Buyers (Bids)

No. Vol. Price($)
40 7347521 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 3005718 12
View Market Depth
Last trade - 13.24pm 15/07/2024 (20 minute delay) ?
VMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.