VMY 2.08% 11.8¢ vimy resources limited

Yes, that point about VMY's sales representative wasn't lost on...

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  1. 7,551 Posts.
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    Yes, that point about VMY's sales representative wasn't lost on me either.

    I also listened to the interview you mentioned and was similarly impressed.

    Punters probably shouldn't get too depressed by the current state of VMY's sp. It was pointed out to me during a short discussion on the side at VMY's AGM last week that some of the RCF stock, which didn't go to Paradice, did go to other clients of the facilitating broker who are quite happy to let them go for a quick 20%; no doubt, (my comment!) urged on by the commission seeking entity.

    In time that will end. Meanwhile, were we to see another kick up in the U3O8 spot market, then I don't see any reason why the sp can't recover some ground, especially after the recent Alligator River and Velo announcements.

    B22.

 
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