Yes there is no way the 30% share can be downgraded except by buying it.Consider that Grace has 300K oz au. Venus has 100K of that.It's shallow low AISC, oxide etc so Venus's share is worth more than $150mAs an in ground resource RMS Paid $230m for 300K oz next door at Penny West North.That would make Venus's share of Grace worth $77m in the ground.That is twice the value that the market is has on the entire company with numerous highly prospective tenements.So Venus is very undervalued and is currently a buy with a bullish reversal pattern on the chart.
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VMC
venus metals corporation limited
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4.76%
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11.0¢

Yes there is no way the 30% share can be downgraded except by...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $21.57M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.0¢ | $5.453K | 48.88K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9294 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 2159 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9294 | 0.110 |
2 | 19523 | 0.105 |
2 | 309710 | 0.100 |
1 | 10100 | 0.099 |
1 | 22000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 2159 | 1 |
0.120 | 74638 | 4 |
0.125 | 493991 | 1 |
0.130 | 20000 | 1 |
0.135 | 49999 | 1 |
Last trade - 10.35am 25/07/2025 (20 minute delay) ? |
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VMC (ASX) Chart |
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