VMS 0.00% 2.4¢ venture minerals limited

Ann: Share Purchase Plan Offer Booklet, page-30

  1. 1,286 Posts.
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    Riley mine has about 1.6mil tonne iron ore at 57%, estimated mine life is about 21 months. The mine is on temporary hold (made 1 shipment) mainly due to freight costs and drop in Iron ore, most expect improvement in IO price after the winter Olympics so mine be back up and running after that.
 
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