VMS 0.00% 1.9¢ venture minerals limited

Ann: Riley Mine - Update Following Completion of First Shipment, page-472

  1. 3,958 Posts.
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    Charlie Charlie Charlie
    If only you knew as much as you guess/think you do.
    Well you can gather your trolls but be mindful of making judgements too early.
    Just because my mindset isn't yours is no reason to consider me a troll.
    This once I'll let you off. Any more and well .... sun don't shine stuff for you.

    Well Charlie It's not fully drilled ..... is it.?..
    How do YOU know it will Charlie? You Don't.
    It's only ten percent drilled"....

    what does that statement mean Charlie ten percent drilled?????????

    remember "once jorced up".
    The contained tin in the PFS of c. 2012 was c.60,000t and the grade was not massively exciting.
    Bang in the middle of the most hotly contested Tasmanian Heritage/conservation area. .

    Tin Price was c.$23K/t and AUD /USD was near parity.
    Now price in USD $30ks and AUD c.73 so looks good.....

    How long do you think before Mt Lindsay is mined?
    i.e find and confirm that decent lode
    jorc it up
    New PFS,
    DFS,
    FID based on a new mine plan as the greens managed to undermine the previous plan.
    Stripping/clearing
    Constructing TSF
    Power connection
    Construction of mill and external infrastructure,
    Adit development etc

    This is after the greenoids have their London to a brick) renewed activity in the area?
    To think they won't is a massive mistake.
    They cost the Co big bucks and have initiated the mess that has occurred since 2013/4.
    on all the VMS Tas. Projects.
    Its alright being hopeful but it needs founded on probabilities of actual realities.
    Expeditious management is always helpful also.

    Too long a wait for many of us I'd expect, especially as the previous timelines have been most drawn out
    providing little enthusiasm for an expected change.




 
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