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2.1¢ venture minerals limited

Chalice have a farm in obligation. If this obligation is not met...

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rusty02

3,445 Posts.

1758

09/05/24

09:02

Post #: 73738436
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Originally posted by AE23: ↑

Hi Rusty

The wording on the CHN quarterly is very specific and that's why I've raised it.

It clearly says 100% owned + Venture earn in to 70%.
Am I misreading this or do I just have my wires crossed.

And the fact they say no further work planned has me a bit stumped as this also goes against everything we have been told.
This is why I have zero trust in management.
Do we have the full story.

Happy to be told I'm just being paranoid.

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Chalice have a farm in obligation. If this obligation is not met the BOD have the choice to extend or cancel/terminate. Please note that SW is 2 leases as stated....100% on one lease, Venture 70% earn in on the other. Hope that helps
GL @AE23

VMS Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $47.6M

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Price($)	Vol.	No.
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16	2798500	0.020
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Price($)	Vol.	No.
0.022	3469609	16
0.023	4995976	6
0.024	507063	5
0.025	1043435	8
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Last trade - 16.10pm 17/05/2024 (20 minute delay)


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