Ann: 2018 Annual Report to Shareholders, page-13

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ardy amar

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01/11/18

13:57

Post #: 36352072
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Originally posted by ardy amar: ↑

In 2014, company even did not have permit licence and that time company market capital was $100 million now we have strong fundamental in uranium sector and price has moved up around 33% since we had the lowest point.
ccompany personally got permit from federal government and state government which means we are safe. Why market cap is now sitting in $29 million! Common.

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Originally posted by Bagman22: ↑

My belief is that Alligator River is about a future for VMY AFTER Mulga Rock, Mulga Rock has ~15 year mine life, so the (theoretical) ten plus years to have Alligator River production ready, fits fine.
However, and something I've never fully understood, Cameco has a buy back right if VMY makes a large discovery (>100mlbs?), but buy back on what terms we (I) don't know.
So I don't think it's essential for VMY to be able to prove that it has production capacity to supply after Mulga Rock, it should be enough that it is out there with highly prospective ground, working towards continuing supply capability.
B22.

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look at Toro energy they have less resource than us but their market cap is around $60 million

Originally posted by Bagman22: ↑

My belief is that Alligator River is about a future for VMY AFTER Mulga Rock, Mulga Rock has ~15 year mine life, so the (theoretical) ten plus years to have Alligator River production ready, fits fine.
However, and something I've never fully understood, Cameco has a buy back right if VMY makes a large discovery (>100mlbs?), but buy back on what terms we (I) don't know.
So I don't think it's essential for VMY to be able to prove that it has production capacity to supply after Mulga Rock, it should be enough that it is out there with highly prospective ground, working towards continuing supply capability.
B22.

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VMY Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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Ann: 2018 Annual Report to Shareholders, page-13

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Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

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Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

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Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL