VMY
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2.08% 11.8¢ vimy resources limited

Ann: High Priority Targets Identified at Angularli, page-4

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  1. supergold
    303 Posts.
    lightbulb Created with Sketch. 15
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    26/11/18
    23:27
    Post #: 36646851
    Yes but at what cost? The dilution here could be epic before spot hits $60+

    They have went from having 5.4mil + 6.0 mil from the CR to having 3.3mil in the bank over the last 6 months. This did include 1.5 mil towards the purchase price of angularli but 6.5 mil to run the company for six months and plan and drill less than 3000m is totally unsustainable!!!
    All rough numbers and calculations, please correct me if I’m wrong.
    DYOR
    VMY Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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