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Writer's pictureNoel Ong

Realising Riley's Value


Rooster Talk Episode 34 with Andrew Radonjic, Managing Director - Venture Minerals Limited (ASX: VMS)



Venture Minerals ticked all the boxes and is taking the company to being a producer and realising up to AUD100M of value.


The first Coffee with Samso - A Targeted Diversified Mineral Explorer - Venture Minerals Limited (ASX: VMS) was published on 26th October 2020. When we started that journey with the company, there was not a lot of value being placed on the Riley's hematite project in Tasmania. Things have changed a lot since then with a rising iron ore price to a near all time high.


Today, Andrew Radonjic shares with us:

  1. the significance of the latest announcement on the Riley's hematite project

  2. the long awaited journey to mining an iron ore mine

  3. the challenges of getting all the team in place to make the mining process possible

  4. when will the company see cashflow and

  5. what will mining mean to the company.




This is a good time to download the first Ebook (FREE) from Samso as it is all about VMS (Volcanogenic Massive Sulfides).




PODCAST






About Andrew Radonjic


Mr. Radonjic is a geologist and mineral economist with over 25 years of experience in mining and exploration, with a specific focus on gold and nickel in the Eastern Goldfields of Western Australia.

Mr. Radonjic began his career at the Agnew Nickel Mine before spending over 15 years in the Paddington, Mount Pleasant and Lady Bountiful Extended operations north of Kalgoorlie. He has fulfilled a variety of senior roles which gave rise to three gold discoveries, totalling in excess of 3 million ounces in resources and the development of over 1 million ounces.



About Venture Minerals Limited

Venture Minerals Limited is currently exploring in Western Australia for Copper-Lead-Zinc at the Thor Prospect, Nickel-Cobalt at the Pingaring Project (adjacent and along strike to the Quicksilver Nickel-Cobalt discovery), Nickel-Copper (new target) at the Odin Prospect and Nickel-Copper-Cobalt at the Caesar Project.


Recently the maiden drilling program at Thor intersected massive sulfides confirming the Copper-Lead-Zinc target is a 20 a kilometre VMS style system. Thor is now a top priority target for Venture moving forward.


The Company's initial focus was on realising the full economic potential of the Mount Lindsay Tin-Tungsten Deposit in North-West Tasmania. The Company has already defined one of the world's largest undeveloped tin deposits and has completed a Feasibility Study on Mount Lindsay. The emergence of tin as the metal most impacted by new technology through its use in Electric Vehicles has refocused Venture’s approach to developing this asset and an underground scoping study is currently underway.



 

Disclaimer

The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.

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About Rooster Talk


Rooster Talks are conversations with industry experts about market insights, trends, and learnings that benefit businesses across all sectors in the Australian Stock Exchange.


If you find this Rooster Talk informative and useful, please help me share the information. I try and write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters.


If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me at noel.ong@samso.com.au.

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