VMY 0.00% 19.0¢ vimy resources limited

News: VMY Vimy Resources Announces $18.5M Equity Raising, page-162

  1. 2,945 Posts.
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    A largely irrelevant question. VMY will fund development at Mulga Rock using debt not equity. The uranium price will soar as Sprott start buying up about $1 billion of physical inventory and control the spot price. Uranium customers will sign up stable, reliable supply on contract. VMY will build its contract book and borrow debt off the back of it. Financing Mulga Rock is straight forward in the restricted supply market we're going to see.
 
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Currently unlisted public company.

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