Ann: Vimy Equity Raising and Share Purchase Plan Presentation, page-9

Going to need retail or will be rattling the tin pretty soon again!
They expect to raise 3.9 mil in the placement to institutions, but if you take out the first 2.5 mil owing to Cameco which is due shortly that leaves 1.4 mil or about enough cash for one quarter at current burn rate.
Eventually Vimy will have its time in the sun but in the meantime it might be wise for management to consider a scenario where the uranium price isn’t about to surge in the next quarter and plan accordingly......