VMY 2.08% 11.8¢ vimy resources limited

Ann: Change in substantial holding, page-6

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  1. 1,303 Posts.
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    I think VMY has to raise soon. You can't wait till your cash is totally depleted. U price is in positive trending but unfortunately for VMY CR and major holder selling down are the short term negative factors.
    By the way I wonder why VMY needs $500m to develop the mine? This seems a lot compared to BKY's budget in their FS.
 
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