VMS 6.67% 1.4¢ venture minerals limited

Not sure that Grange resources having a hard time currently is...

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    Not sure that Grange resources having a hard time currently is going to have any impact on Venture's project. VMS has an MOU with Grange for taking the left over magnetite from Mount Lyndsay main ore bodies of Tin and Tg. It's hardly the main effort.

    I can see how this mornings article gave some confusion, it is very badly worded. This article clarifies the issue better......... http://www.miningaustralia.com.au/news/tarkine-mining-could-go-ahead-despite-national-her

    The significant statement is.."According to the report, these include plans by Venture Minerals for three open-cut mines in the area."

    That means the intent is to also approve the two DSO deposits ...which in turn will fund the main project.

    Clearly Mr Burke is putting out hints to gauge the reaction.
 
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