Iron Ore & Tin price, page-972

Guys, Read below a Bloomberg article on slowdown in China dated 24 Oct 2021:

https://www.bloomberg.com/news/articles/2021-10-23/chinese-economy-risks-deeper-slowdown-than-markets-realize?srnd=premium-asia


Situation in China seems very precarious and one shouldn't rely iron ore or tin prices;

Look, VMS used to provide update at least once a week either on the iron ore production & development or exploration of Tin in Mt Lindsay but now, all seems to have disappeared.

So, for you to consider future with VMS which was @15c at one stage and now, VMS may drop down to 3 c or below as iron ore price seems to drop further and VMS boomerang with iron ore might have left it under tremendous debt but who knows at this stage?

All capital expenditure would have to be written-off if iron ore price doesn't improve. Debt and debt will be left behind.....in that situation.

For you to watch.....

DYOR