VMS 5.88% 1.8¢ venture minerals limited

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  1. 3,668 Posts.
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    Quite some interesting point and answered heaps of questions I was looking for.
    Biggest points
    1/JORCed reserve not estimate
    2/ Phase 2 nearly completed
    3/ Opened in all directions
    4/ 1nt TN above 2000ppm
    5/ Acquisition between J and ID big scope in quantum.
    6/ Quick startup 1st open pit 100mltn 10 year ML. Multiple open pit possibility.
    7/ Tentative MOU feeding Iluka, Wells and Kalgoorlie initially.
    8/ Some bottom holes samples showing hi mags
    9/ Possible better results and more ionic %
    10/ Looking at venture style capital with also OS interests...US?
    11/ P1 results now, P2 in next few weeks and 3 week intervals. Mets newsflow
    12/ Multiple commercial pathway
    13/ Premier1 to start drilling
 
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