VMS 5.26% 1.8¢ venture minerals limited

Tell you what's funny?There is an irony of the 'so called delay'...

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    Tell you what's funny?

    There is an irony of the 'so called delay' but in reality it's simply changing from Dry Screening Process to Wet Screening Process.

    The irony is if VMS had produced and shipped Iron Ore in October 2020, Iron Ore price would be US$110 to US$120 but now it could be US$130 to US$150 (currently US$145)

    Not only is VMS decision had the benefit of a price hike in Iron Ore but VMS management made the right decision to follow the more profitable wet screening process than the dry screening process.

    Stars are aligning, and VMS holders are very excited and others are not.
    Last edited by ShareBeers: 05/12/20
 
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