VMS 0.00% 2.7¢ venture minerals limited

isnt this way too deep

  1. 1,545 Posts.
    Just reading the presentation slides released today.

    46m @ 36.9%Fe from 280m
    44m @ 38.1%Fe from 145m
    58m @ 29.9%Fe from 245m
    46m @ 43.4%Fe from 90m
    50m @ 36.1%Fe from 212m
    24m @ 38.6%Fe from surface

    And todays 71m @ 57.1% Fe is from 90 metres?

    Isn't this ridiculously deep for an iron ore project to be feasible?

    So far this is the main thing keeping me away from buying at the moment.

    Any thoughts?
 
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