Well, off the top of my head, Mike bought 300,000 on-market when...

Well, off the top of my head, Mike bought 300,000 on-market when the price dipped to 9c a while back, so that’s a small personal incentive for him
No, I think they are doing a good job. They have no control over the price of U3O8 and, really, buying VMY, or any other U hopeful, is a punt on the U price underpinning everything. Investors are starting to look at the sector again and, although Spot has stalled, there are plenty of reasons why a rally may be imminent.
The point is our BoD has positioned VMY perfectly, it seems, for the day that contract prices rally to workable levels, but that will have to be within the next 18 months, max. Imo, or the punt may sour.
Directors buying, may make us feel good about our investment, but it’s not going to make any difference to the big picture.
B22.
P.s. Here's a snippet about our MD that was circulated recently:  http://waminingclub.asn.au/member-of-the-month-mike-young-vimy-resources/