VMY 0.00% 19.0¢ vimy resources limited

Ann: Trading Halt, page-33

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  1. 1,194 Posts.
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    i don't think VMY holders see the most important value of the merger(if a merger is still on the table) DYL adds that value, after all the last agreement was a proposed merger not a takeover.

    My opinion is that VMY can get the job done without DYL but they will most likely be delayed due to inexperience, and other issue will follow. it's in the experience and granted i would give them more credit if they were in the gold sector or most other commodities for that matter. unfortunately they are in a sector which they have had very little achievements. I cannot stress how complex the mining of uranium is. Two highly important and knowledgeable managers left the VMY board(if that's not a sign, i don't know what is).

    DYL add the value, knowledgeable and contacts to get the job done without little interruptions. VMY can do it on there own but it could be mean many years difference in completion.

    for me, it's all about how much they want it. DYL want it, arguably they can consolidate in nambia and achieve a better base of operations/projects. instead they are here on VMY's door knocking.

    i wouldn't pay more than %35, that would be a waste to DYL.

    time to answer the door that's knocking
 
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