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
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At a time when cash flow non existent and Riley effectively non...
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Open | High | Low | Value | Volume |
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22 | 5794969 | 0.012 |
24 | 10723462 | 0.011 |
14 | 8455099 | 0.010 |
7 | 4049333 | 0.009 |
Price($) | Vol. | No. |
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0.015 | 1083268 | 4 |
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