VMS 5.26% 1.8¢ venture minerals limited

For me this latest announcement demonstrates strong confidence;...

  1. 287 Posts.
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    For me this latest announcement demonstrates strong confidence;

    Confidence in Kulin and making a significant Ni-Cu-PGE discovery in WA.

    Confidence in Riley generating strong positive cash flow, enabling further and broader exploration.

    Confidence in developing Mt Lindsay without complete financial dependence on Riley cash flow ie. securing grant funding.

    We can be relatively certain with regard to what grant funding will be specified for, if secured; Development of Mt Lindsay. The Federal Gov will not allow this funding to be used for exploration in WA.

    Just joining the dots / IMO.
 
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