VMS 5.56% 1.9¢ venture minerals limited

Ann: Quarterly Activities Report, page-20

  1. 5,740 Posts.
    lightbulb Created with Sketch. 366
    There is no point having exciting tenements if they are to scared to actually test them. It took them over a year to put a hole into Caesar. The ground near G88 won't see the light of day until 2020. All this 'exciting' ground will start becoming very expensive just to upkeep.

    They have had Thor for 18 months and no sight of a drill rig. The Lithium bonanza has come and gone and VMS haven't even realised.

    They are just treating shareholders as muppets.

    Spending $670,000 in three months and all you have is one drill hole? Maybe Ish went and became a contractor. At this rate, we have about two drill holes is the kitty. CR soon??? The scenario seems like CR, one hole, pay salaries then CR again. Rinse and repeat.

    It is a huge burn rate while failing to do anything. No pressure for results.

    All the while, we get silence.
 
watchlist Created with Sketch. Add VMS (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.001(5.56%)
Mkt cap ! $46.34M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $6.84K 364.3K

Buyers (Bids)

No. Vol. Price($)
57 12912788 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 7169797 18
View Market Depth
Last trade - 14.37pm 24/07/2024 (20 minute delay) ?
VMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.