I already called AR, and he called back within the day. I asked about the Riley restart, when IO price was about $118 USD/tn @62Fe. Now it is over $130, I am expecting a positive update to the market....if they can organise the finances to roll the operation. There is adequate margin, just need them to pull all necessary factors together. We discussed various aspects of the Company and I am satisfied that the potential is on an upward trend. We have to now see results from more action. The negative impact of forces out of China over the last 2 years are now appearing much better. We know that demand for Metals that VMS has in it's basket is going to increase over coming years. We just HAVE to start selling something in the very near future.
As AR recently said re IO..."Stay tuned." News will come, if they've got any determination at all!
The time ha some friends...
I already called AR, and he called back within the day. I asked...
Add VMS (ASX) to my watchlist
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.33M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $36.82K | 1.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3869162 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 337764 | 4 |
View Market Depth
| Last trade - 15.06pm 03/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
0.000 ( 2.50 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.1¢ | 1.9¢ | 1261222 | ||
| Last updated 15.40pm 03/05/2024 ? | |||||
| VMS (ASX) Chart |