VMY 2.08% 11.8¢ vimy resources limited

VMY is my preferred pick in the Aus Uranium space. High grade...

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  1. 470 Posts.
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    VMY is my preferred pick in the Aus Uranium space.
    High grade
    Completed DFS with a high IRR
    Undervalued compared to peers due to the recent institutional sell down.
    Govt approval which won't be overturned by a Labour govt if elected, as stated by the Labour shadow minister. A risk other projects could face without current approval.
    Notable cornerstone investors.
    Only major risk now for Mulga is project funding, which should take care of itself, if and when the Uranium price moves higher.
    Whether you get in at 9 or 11 cents will be largely irrelevant if the Uranium price reaches $60-$70
    Longterm hold for me.
    Good luck all.
 
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