VMS 0.00% 12.5¢ venture minerals limited

Fair post but you need to understand that VMS is an explorer now...

  1. 2,135 Posts.
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    Fair post but you need to understand that VMS is an explorer now and it has no income and has between $5M-$8M (my guess) in the bank.

    It would be irresponsible for VMS to focus on the Tin with limited funds.

    What if VMS focuses on the Tin and it runs out of money for the Riley Iron Ore mine and we do a capital raise or need to borrow money?

    I’m sure the community trolls and downrampers will have a fun time.

    It is more important that VMS gets the first few shipments and have regular income and an extra $10M in the kitty.

    Also, the EV evolution is not expected to commence for another 3-5 years so an extra 6 months won’t do any harm to the Tin price (Tin price will only go up).

    The Tin price of yesteryears is different to now as the Tin price is yesteryears didn’t have the EV evolution coming up.
 
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