Venus' business model is not to develop projects into production.
They're game is early exploration, sell a stake in a JV to inject fresh cash to explore for the next discovery and sit back free carried to a decision to mine and look to liquidate their position in the JV when it needs more cash or the project needs to advance and they're getting a tap on the shoulder to contribute.
Ann: Rox Resources raises $7m to drive next phase of growth, page-39
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Last
14.5¢ |
Change
0.013(9.43%) |
Mkt cap ! $59.05M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 13.8¢ | $262.7K | 1.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39652 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 161294 | 4 |
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| RXL (ASX) Chart |