VMS 5.26% 1.8¢ venture minerals limited

Ann: Drilling Delivers More Record REE Intersections at Jupiter, page-75

  1. 3,591 Posts.
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    Hi MrQ
    Off course. First stage is 40sqkm. No way there going to be uniform. It's the zone size, host and mineral type targeted that will make that zone uniform. Have a look at other neighbouring Mets test and host type.

    Yes agree, Stage 1 would/could be Iluka (actively outsourcing) and Lynas with their second plant on line shortly. Our mineral types marry both headfeeds. Forget the grades...there awesome. Dry Screen concentration and into trucks IMO. (Value add). We can kick of a 10mltnpa C/DSO with one crew over 3 shifts. From today's cross sections results Jupiter is 6000m by 3500m opened in sections so definitely scope for another crew or 2.

    Stage 2 ....see what the MD says or hints when she reached out to shareholders soon with the new business model. Might be some light with other assets.

    Shame on the selling today, held well though on very good assays.

    GL MrQ


 
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