VMS 0.00% 1.8¢ venture minerals limited

Howdi,So, the company will need about $220m to commence mining...

  1. 434 Posts.
    Howdi,
    So, the company will need about $220m to commence mining the mine... yes?

    The company has $10M, and a market cap of around $40m... right?

    SO, will need an external party, IMHO.

    Does this worry you guys? Or do you just expect a joint venture where a firm pays 100% of the upfront costs and gets, say, 75% of the profit?
 
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