Ann: Substantial Lithium Target Discovered - Greenbushes District, page-5

Management are too busy with their other companies to worry too much about actually doing any drilling.

Getting 300k for part time is pretty cozy. Wouldn't want to upset the apple cart with complicating it with work and improving the sp for shareholders.

They will still get a huge bundle of lowball performance options for taking VMS from 50c to 2c.

On a seperate note,I noticed this from the same time last year

"Venture Confirms Lithium Drill Target Greenbushes Mineral District, Western Australia
ASX Announcement Wednesday, 7 September 2016 Ref: /VMS/606/VMS0388

Venture Minerals Limited (ASX code: VMS), is pleased to announce that the Company has identified a lithium drill target at the recently acquired Jasper Prospect located in the Greenbushes Mineral District."

So you can see, nothing will happen with this "new discovery" going on previous experience. In fact, this old discovery has been totally lost in subsequent releases. Maybe it wasn't granted after all.



With Lithium all the rage, VMS continue to just sit and watch the world go by.

Scratching around on the surface is their modus operandi these days.