VMS is about 3-5 weeks away from delivering their first iron ore shipment into record prices.
This is why I am up to my ears in them - over the next 2 years they are going to have cash coming in > their current MC and more than enough to fund their various projects.
large scale exposure to the CHN/Julimar thing is a bonus to be sure that could move the needle a LOT, but they have other irons in other fires, including an advanced tin/tungsten mine which doesnt sound sexy until you check out the current and future projections for the tin price.
VMS is a rare breed - a small MC explorer that will be cashed up to the eyeballs which puts a very sturdy floor under their price.
(which incidentally is the reason why I got into CHN pre-Julimar in the fist place - a cashed up junior with some interesting gold projects in Vic. Nobody from those days expected Julimar, but you got to be in it to win it)
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VMS is about 3-5 weeks away from delivering their first iron ore...
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Last
$1.42 |
Change
-0.005(0.35%) |
Mkt cap ! $550.4M |
Open | High | Low | Value | Volume |
$1.46 | $1.46 | $1.41 | $4.365M | 3.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2701 | $1.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.42 | 11382 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2701 | 1.410 |
2 | 44361 | 1.405 |
5 | 68858 | 1.400 |
3 | 24475 | 1.395 |
4 | 12962 | 1.390 |
Price($) | Vol. | No. |
---|---|---|
1.420 | 11382 | 2 |
1.425 | 6442 | 1 |
1.430 | 66343 | 2 |
1.435 | 10875 | 1 |
1.440 | 21353 | 3 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
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