RockYarns Podcast: Venture Minerals is on the path to becoming...

RockYarns Podcast: Venture Minerals is on the path to becoming Australia's next iron ore producer - *

I just listened to the RockYarns Podcast and these are my notes (only listened to first 6mins before they started to talk about TIN)

1. Andrew just came from the site last week and progressing well and started commissioning from 15 March 2021.
2. Andrew anticipates the 3rd week of April 2021 the installation will be complete and the commissioning will be shortly thereafter
3. Andrew anticipates early May 2021 will be the mining completed and shipment will be a few weeks later. Building the stock pile late May 2021
4. Andrew is talking to Shipping Agents to determine what's available
5. Andrew expects 90,000 tonnes per month ($1.08M per year) ball park for next financial year, FY2021-2022
6. Hence, Andrew expect 900,000 tonnes to 1M tonnes per year
7. Andrew states current margin is AUD$60 per tonne but remember it's not a straight line. Remember back on DFS, the exchange rate was in high 60s (SB: I recall it was $0.68), how if shipping price goes up the exchange rate goes down so it's a natural buffer.- Money could be used for Mount Lindsay