VMY 0.00% 19.0¢ vimy resources limited

VMY undervalued, page-115

  1. 217 Posts.
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    Darren, keep in mind that JB has no experience in developing a uranium project in WA in the last 10 years. Other than Vimy, only Cameco Australia, now disbanded, could have made that claim.

    JB's strengths lie in Namibia, and to a lesser extent other African jurisdictions. While at PDN, his Canadian and Niger ventures turned out to be significant commercial failures, and he paid a fortune for the Mt Isa group of resources, a complete waste of a couple of billion dollars if there ever was one.

    He acquired Manyingee in 1998, and by 2015, had managed to take it to a scoping study (screenshot from PDN's website below), not a great indictment considering the Libs were in power from 2008 to 2017:
    https://hotcopper.com.au/data/attachments/3801/3801983-c4643717574352171f0800e55d512c65.jpg
    The 4-5yrs timeframe is a joke, and should realistically read as 10-15 yrs.
 
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