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.
VMY Price at posting:
9.4¢ Sentiment: None Disclosure: Not Held