VMY 2.08% 11.8¢ vimy resources limited

Lots of nice words being said - whilst it's great we have good...

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  1. 386 Posts.
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    Lots of nice words being said - whilst it's great we have good land in the NT with pounds in the ground any actual mining there will take 5 to 10 years (best case).

    I really like Mulga Rock though and that is near term. There is a lot more commentary about near term spot prices of between 45 to 75 (1 to 2) years. If we can sign a binding offtake with a US utility for 60 and a chunk of cash from it upfront then we'll be rolling forward.

    Probably the best near term (no producer) U asset in the southern hemisphere right now.

 
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Currently unlisted public company.

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