VMS 0.00% 2.4¢ venture minerals limited

From Jan to june fe prices were in the $125-$150 range and Riley...

  1. 2,268 Posts.
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    From Jan to june fe prices were in the $125-$150 range and Riley wasnt viable,Yes shipping costs have come down but production costs in Aus have gone up a lot.energy costs have gone up even in China and the 57% fe VMS has is more costly to process.VMS will never make a profit selling there iron ore.
 
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