The most exciting potential in the JVs is finding another Penny West with the Venus JV currently drilling Deep South.
Sabre, Cullen and Aldoro nearby are on the hunt but their tenements are tiny compared with Venus/Rox and Venus 100% tenements.
The gold rich fault splays SBR are seeing probably go into JV tenements or Venus 100%, looking forward to seeing the pics.
Another PW would add at least $100m each to the MCs of Venus and Rox, That would result in a bigger gain for the Venus SP than the Rox SP. As a 45/45 partner with Rox another PW would likely trigger RMS to try add the resource to their nearby Penny west North. Venus with a MC off just $40m would be the obvious target. Evern without another PW Venus is a sitting duck for a TO imo. RMS would have their geos thoroughly explore and drill the 100% Venus tenements within months.
I've been researching the Younami Vanadium Project. It has a bigger and better JORC than TNG, the frontrunner for the next Vanadium mine. TNG use a patented Tivan process to separate out Titanium Vanadium and Iron. Venus have engaged Murdoch Uni to come up with a similar process. I have talked with Prof Nicoloski, the team leader and got a positive vibe on his progress with a paper to be published soon and an ann.
This is a huge project (TNG's Mt Peake is a $700m project) that Venus would on sell or keep a share of in a farm in.
Lots of Venus upside potential imo
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.53M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 106200 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 111982 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 106200 | 0.110 |
4 | 102330 | 0.105 |
2 | 339987 | 0.100 |
1 | 10100 | 0.099 |
1 | 7250 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 111982 | 6 |
0.125 | 510991 | 2 |
0.135 | 49999 | 1 |
0.140 | 140613 | 2 |
0.150 | 154307 | 6 |
Last trade - 11.15am 17/07/2025 (20 minute delay) ? |
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LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
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