With fully financed Iron ore production starting in Tasmania that should provide $95 million in EBIT in the next 2 years and the stock is only 6 cents with market cap of $70 million. Apart from this, VMS has a valuable JV with Chalice Gold Mines – The Kulin Gold project which it has just drilled, The Golden Grove North Copper-Gold-Zinc volcanic massive sulphide and a valuable Tin-Tungsten project 10km away from Venture’s Riley’s Iron ore project in Tasmania. All in all, it has a great future
Ann: Venture appoints Start Up expert for Riley Iron Ore Mine, page-51
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Mkt cap ! $29.37M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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