I feel it's way to high. Whilst I recognise they have apparently "high" calibre people I do find it a bit rich.
I'm down about 35% and have bought a few more over the last few months though so it's not a deal breaker.
Aside from CAPEX being a bit high I feel VMY is well positioned to ride any upturn in the market.
Would prefer to see them cut wages and/or possibly put some of their own money in at some point but I'd like that for ALL explorers/developers not making money.
Setup looking positive for a larger move, page-19
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