VMY 2.08% 11.8¢ vimy resources limited

Not sure there would be enough meat on the bone at $40-$50 spot....

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 303 Posts.
    lightbulb Created with Sketch. 15
    Not sure there would be enough meat on the bone at $40-$50 spot.
    Perhaps if it was part of an off take where the buyer was willing to fund the project in return for security of supply they could make it work.
    I believe vimy have the right team to get the mine started successfully but will need a much higher uranium price to get the finance required.
    Angularli is blue sky and has great potential but not sure it’s worth raising money at the current share price to conduct more exploration drilling at this stage of the uranium price cycle.
    All IMO good luck to all holders.......
 
watchlist Created with Sketch. Add VMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.