VXR
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2.41% 42.5¢ venturex resources limited

VXR, page-7

  1. tcf
    5,466 Posts.
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    04/10/18
    16:42
    Post #: 35999084

    I agree. It’s a pity they only have 7 year lom at this stage. 


    20 plus year lom could see Rio, BHP, FMG etc move on it. 


    7 years lom just isn’t long enough for a reasonable play. And exploration to prove more mineable resource can’t happen before they look for development funds. 


    Its my view NST is the only prospect and they would want the company for peanuts. 

    VXR Price at posting: 16.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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