I have been an investor in VMY for more than a year now. My considered view is uranium cycle has another one year + time to start the mega rally( refer my post above on Hurst cycles indication on same ) , however VMY mgmt has not been doing things on the right side of the market views for some time now. RCF selling has been a big negative. But for patient holders who can hold 3+ years ,VMY can give more upsides than most other uranium stocks as Mulga is already permitted and Australia has the neutral stand from view point of all govts , so the offtake will not be a problem. So only way to handle this investment is to just keep quiet for another 3- 4 years, rest all is noise IMHO. VMY will fire later in the Uranium bull market but will have a much larger run than others, with retail missing out the same by selling out in frustration.
VMY Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held