This is actually quite positive news for VMS (and no I'm not a member of BBF or a daytrader!).
Absa suggests a Chalice takeover could be in the offing. This could happen.
Might explain why the Chalice shareprice is heading south if they are raising a large amount of funds through Cannacord.
Chalice seem to have so many promising targets. Massive capital raise by Chalice a bit like the large capital raises DEG have done (twice)."You also have a stake inCaspin Resources (ASX:CPN), and a project joint venture withVenture Minerals (ASX:VMS). What made them stand out from all the other explorers in the region?
“We’ve kicked the tyres on all our competitors in the province. We think those two are clear standouts,” Dorsch says.
“We are early-stage strategic investors in Caspin for obvious reasons; their tenure predated our discovery, and they have some very interesting early-stage results."
Ann: Placement and Share Purchase Plan to advance Mt Lindsay, page-162
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.8¢ | $93.27K | 4.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 11825157 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 461503 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |