This is a recent interview with Andrew Radonjic with the Australian Business News on 8 September 2020.
https://www.dailymotion.com/video/x7w185w
Interesting comments by Andrew:
- Iron Ore quality at Riley Mine is at the same quality as FMG
- Quick to Market Process at Riley Mine is anticipated 'weeks'
- Majority of Capital Raise for Up-ramping of Site (Riley Mine) and Money in WA Exploration etc
- Iron Ore Price at US$90 results in making at ~$30M, noting Iron Ore Price is currently US$115
- Off-take Partnership with Prosperity Steel who also deal with FMG
Now I'm not going to sit around and count the 'weeks' for the Quick to Market Process as Venture Minerals have made it clear in the Annual Report that the mining process will be in the Quarter of December 2020.
I don't care if it's 1 October 2020 or 31 December 2020 as either way, it's the December 2020 Quarter.
Does anyone really think Andrew will do an interview like that only 3 weeks ago and after a Capital Raise if the Riley Mine has been abandoned?
PS: I'm not going to respond to any passive aggressive comments because my 'carefactor is zero'. I play the ball not the man; lolz. Peace and out.
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