VMS 5.56% 1.7¢ venture minerals limited

Ann: EM Defines New Tin Targets at Mt Lindsay, Northwest Tasmania, page-6

  1. 662 Posts.
    lightbulb Created with Sketch. 362
    For long-term shareholders, this is great news for two reasons:
    1) It confirms that the tin resource is indeed extensive; and
    2) It demonstrates that management are not looking to walk away from the Tasmanian holdings, but rather, are viewing the recent trevails as temporary bumps in a very long road.

    It also means that the Riley Creek and Livingstone DSO assets are relatively unimportant. If and when the tin price begins rising, finance will come directly for mining Mt. Lindsay...the DSO resources will merely be bonuses to be extracted whenever the commodity price cycle is favourable.
 
watchlist Created with Sketch. Add VMS (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $41.46M
Open High Low Value Volume
1.9¢ 1.9¢ 1.7¢ $42.36K 2.435M

Buyers (Bids)

No. Vol. Price($)
28 6632917 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 2627100 14
View Market Depth
Last trade - 12.50pm 05/08/2024 (20 minute delay) ?
VMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.