This stock is not for the faint of heart! ha.
While the Iron ore price goes down, Tin continues to rise. The approval of Mt Lindsay is very significant IMO.
I think Hamish now needs to ensure that VMS is running as lean as possible. Conserve cash, do some VERY cost effective exploration and do all he can to get either the Iron ore or Tin projects as ready as possible for production. The iron ore price could just as easily head past $100 and then there will be no question of if production will go ahead (assuming the legal system finally supports the party in the right... VMS!)
Directions hearing 03 July outcomes, page-15
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.90M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $111.0K | 6.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 7999876 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1680469 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| VMS (ASX) Chart |