VMS 15.8% 2.2¢ venture minerals limited

Competent management v. incompetent management.

  1. 5,230 Posts.
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    Competent management never double handle.
    It will send you broke.

    First load at the mine site.
    Use correct containers (buckets).

    https://hotcopper.com.au/data/attachments/3578/3578434-46247bfd988c97f9c8ce6be03fd34559.jpg
    storage at dock.
    Load onto ship

    https://hotcopper.com.au/data/attachments/3578/3578445-662787c50757866b63055e39c8892a07.jpg
    then empty load.





    https://hotcopper.com.au/data/attachments/3578/3578452-970fc20e3dbd2754d69a22867add8046.jpg
    simple.
    Now for the incompetent management.
    Load at mine site.
    Unload at storage shed
    https://hotcopper.com.au/data/attachments/3578/3578476-694f4452a2887f28c6057910a17503e1.jpg
    load at storage shed.
    unloaded on the wharf.

    https://hotcopper.com.au/data/attachments/3578/3578487-a817817a67b60401def9bb7450c7f7a1.jpg
    loaded at the wharf onto the ship.
    Notice the wasted iron ore, that's money thrown away.
    1 load at mine.
    2 unload at storage shed.
    3 load at storage shed.
    4 unload on wharf.
    5 load ship.

    Spot the difference ?
    Just saying.
 
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