VMS 0.00% 2.4¢ venture minerals limited

At a time when cash flow non existent and Riley effectively non...

  1. 159 Posts.
    lightbulb Created with Sketch. 43
    At a time when cash flow non existent and Riley effectively non operational and being assessed:-  
    "in response to declining market conditions, Venture is completing a full review of operations at the Riley Iron Ore Mine to identify cost efficiency measures. Mining will be temporarily suspended while review is underway.
    During this period Venture will retain the Riley Mining Team so that when market conditions improve, the Company can recommence operations immediately."

    Why is the presentation (added time and expense) necessary here - to attract a partner , buyer or is there news in the wings that has not been communicated yet ??? Just saying
 
watchlist Created with Sketch. Add VMS (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $54.4M
Open High Low Value Volume
2.4¢ 2.4¢ 2.4¢ $20.14K 839.4K

Buyers (Bids)

No. Vol. Price($)
7 2150725 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 211000 3
View Market Depth
Last trade - 10.19am 21/06/2024 (20 minute delay) ?
VMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.