VMS 5.56% 1.9¢ venture minerals limited

Met results, page-5

  1. 2,891 Posts.
    lightbulb Created with Sketch. 1188

    Hi Lightbulbz / sle:


    You need to listen to our new “CEO Philippa Leggat”. She clearly explained how big this resource is and how she will deliver the Mets. she’s to be “Methodical” in this process, so nothing is missed.


    The reason we keep hearing about drip feeding is because of “MEI” who had to drip feed their Mets because they were sent half way around the world to process.


    Andrew stated, believe him or not early indications on preliminary met work looks very promising and our clays are easy to extract. So, this should make it more cost effective.


    Our neighbours “Lynas” have issues with Uranium and Thorium, yet they easily managed to have good Mets. So, on comparison we have not got any of these issues and at early stage we are 170 times bigger as suggest by our CEO.

    This is vindicated what a friend posted on another site, about how big this could be.

    Also, please read Rusty’s post. He has expanded and explained more in detail as to how much more economical and viable “Jupiter” is actually is.


    Also, not whilst Riley has been offered for sale, I would hope shareholders are advised or asked before any other tenement is put on the “Chopping Block” as there are rumours of wholesale dumping of tenements. I sincerely hope this is not the case.


    “Lindsey” is a very valueable tenement for “VMS” owners to keep. Lindsey should be the last asset to be ever sold. Unless, we can realize it's true Value.

    With good boron results it becomes a target for companies like “Rio Tinto”. So, let’s be very clear there should be no underhanded deals going on in relation to “Mt.Lindsey”.


    As for “Thor” there needs to be a decision on whether we keep putting up with “Chalice”. With the case for “PLC” and the “Iron Duke” arrangement , already “PLC” have failed with their end of the agreement and this should be torn up.


    Our BOD should be working towards getting our options exercisable and seeking “REAL FUNDING” from either OFF TAKE PARTNERS or GOVERNMENT LOANS”.


    This should be the end of CR’s by way of “Scalpers”.


    SH: Should always do your own research and DD. This is not meant as financial advice. Just an opinion.

    Last edited by posiedon ark: 26/05/24
 
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