VMS 6.67% 1.4¢ venture minerals limited

Strong interest, page-49

  1. MrQ
    5,148 Posts.
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    Boron very important to them so actually doesn't look like Boron is not important anymore. AR sweating on the results actually. Last piece in Lindsay puzzle [ignoring Tin price issue], be it sale/JV/whatever.

    Still say split VMS into TAS and WA companies. But trying to offload TAS a neater idea to try first. Let someone else own and have to fund the A$400m [more now?] cap cost to mine Lindsay. Let someone else own Riley/Livingstone. Current resource for Riley is about 19 shiploads of 45k tonnes with DFS $1.5m cash per shipload. And as many on here have said, what about what's under that strip-like section - and will anyone pay extra for what might be there underneath and around? Questions everywhere.
 
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