Put it this way, if VMS’ off-take agreement with a Singapore Company is considered an agreement with China due to the end-user (never heard of this?), it would be little impact in VMS due to the fact that VMS hasn’t even start producing and the infrastructure and costs are so low.
All it means is VMS waits until Q2 or Q3 2021 instead of Q1 2021 for first shipment.
If you hold BHP and RIO, you should be more worried about them than VMS if your view is China might blacklist Australia iron ore.
VMS will have little impact as their costs is so low and all it means is we wait for a quarter as we are explorers will little costs
All Andrew will do is focus his priority to Golden Grove North for a few months while China and Australia sort it out.
VMS: Game Changer Events, page-257
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $37.39M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $30.57K | 2.280M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 697143 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2022635 | 7 |
View Market Depth
| Last trade - 15.46pm 27/09/2024 (20 minute delay) ? |
| CRI (ASX) Chart |