My thesis was based on Mike's ability to bring an asset into production. When that thesis came unstuck I reallocated my Vimy funds to other U names. Here's what's changed since I had buy sentiment:
- CEO Mike Young left without any good explanation.
- CNO and permitting guy Julian Young disappeared.
- Now a significant shareholder has retreated.
As I've explained a few times, my sentiment is neutral rather than sell because of the crazy amounts of money flowing into the sector.
Still following and commenting because I'm interested in the Vimy story and want to see how it plays out.
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