VMY 0.00% 19.0¢ vimy resources limited

Ann: Quarterly Cashflow Report, page-16

  1. 50 Posts.
    lightbulb Created with Sketch. 10
    Guys have a look at the XJO daily chart and then hourly chart, It's not like it is gapping down, it looks like a smaller correction although a pretty fast one. It kinda depends on the US market does tonight which we are unfortunately at the whim of.

    Could last a few days or a couple of weeks at worst who knows, however, commodities are still booming, the latest uranium spot price has risen from 30$ to 32.3$ and the thesis for uranium is very strong given that Biden climate summit is in April this year, and he is pro-nuclear.

    I think it's important to remember the scope of your investment horizon and why you got into uranium miners in the first place, I think most people are waiting on some movement from utilities to put pressure on the spot price, this will likely happen this year if not next year.

    This is my opinion, not financial advice.

    GLTAH
 
watchlist Created with Sketch. Add VMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.