VMY 0.00% 19.0¢ vimy resources limited

Ann: Management Change - Chief Financial Officer, page-8

  1. 2,945 Posts.
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    Wow, we really are going barebones now. We've got resources, $21 million in cash, 2/3 approvals, but contractors for management. Its almost like this is being done by a major shareholder but there's not one big enough on Top 20 to call the shots as big as this.

    There's got to be a significant corporate transaction coming. Either VMY gets taken over, or VMY take out a junior to add to the resources and get a management tram that way.

    Either way, its sector consolidation over the next few weeks I reckon.
 
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