Here is some food for thought.
VMS is reviewing their Riley Iron Ore mine. Sanjay should talk to the people that are reviewing the mine for VMS and find out how much they want for it. We already have arrangements in place for port access. If we can get this mine for the right price, then we could start mining straight away if the iron ore price allows. Then if NBR is permitted, that iron ore gets channelled straight in with the Riley stuff at Burnie. Similar percentage FE content I believe. Sell the Lachlan fold stuff, just concentrate on the iron ore assets which would produce income in Tas and drill out Dundas and Laverton when funds are available. Just need a way of funding the purchase of Riley mine without diluting the crap out of our holdings.....Ideas?
Ann: Drilling commences at Laverton Project, page-9
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.953M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $773 | 193.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2555000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 10171885 | 14 |
View Market Depth
| Last trade - 12.04pm 27/09/2024 (20 minute delay) ? |
| CTN (ASX) Chart |