VMY 2.08% 11.8¢ vimy resources limited

Ann: Presentation London and World Nuclear Association Symposium, page-7

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  1. 49 Posts.
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    Paleo, and all other posters with insight - I'm asking for your opinion on VMY

    Reading the presentation and looking at the chart my first reaction was "Great value for a very low price"

    Always when I'm enthusiastic I keep that little devil in my ear which whispers "you just didnt find the snag to it" .... So i was digging a bit, knowing that U-mining is a really sensitive thing.

    "Aboriginal Elders Face Off with Uranium Mining Co. in the Australian Outback" - aha, interesting article.
    The situation seems to be that a conservative gouvernment granted several mining licences. Conservatives are gone, now local gov. is socialist. They seem not to like U-mining, but cant revoke whats already been granted.

    Then I read "unique wildlife" which is usually a code for "its granted but we will find reasons to ban it"

    That whole concept of aboriginal rights seems rather diffuse to me - i can not determine if this can prevent a project.

    So I'm asking the posters with more knowledge for their opinions.

    Thank you in advance
 
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