Ann: 2018 Annual Report to Shareholders, page-13

First 13 Last

Share
Profile

Follow
ardy amar

692 Posts.

39

01/11/18

13:57

Post #: 36352072
Share

Originally posted by ardy amar: ↑

In 2014, company even did not have permit licence and that time company market capital was $100 million now we have strong fundamental in uranium sector and price has moved up around 33% since we had the lowest point.
ccompany personally got permit from federal government and state government which means we are safe. Why market cap is now sitting in $29 million! Common.

Expand

Originally posted by Bagman22: ↑

My belief is that Alligator River is about a future for VMY AFTER Mulga Rock, Mulga Rock has ~15 year mine life, so the (theoretical) ten plus years to have Alligator River production ready, fits fine.
However, and something I've never fully understood, Cameco has a buy back right if VMY makes a large discovery (>100mlbs?), but buy back on what terms we (I) don't know.
So I don't think it's essential for VMY to be able to prove that it has production capacity to supply after Mulga Rock, it should be enough that it is out there with highly prospective ground, working towards continuing supply capability.
B22.

Expand

look at Toro energy they have less resource than us but their market cap is around $60 million

Originally posted by Bagman22: ↑

My belief is that Alligator River is about a future for VMY AFTER Mulga Rock, Mulga Rock has ~15 year mine life, so the (theoretical) ten plus years to have Alligator River production ready, fits fine.
However, and something I've never fully understood, Cameco has a buy back right if VMY makes a large discovery (>100mlbs?), but buy back on what terms we (I) don't know.
So I don't think it's essential for VMY to be able to prove that it has production capacity to supply after Mulga Rock, it should be enough that it is out there with highly prospective ground, working towards continuing supply capability.
B22.

Expand

VMY Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

RCE

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

There are more pages in this discussion • 10 more messages in this thread...

First 13 Last

Add VMY (ASX) to my watchlist

Ann: 2018 Annual Report to Shareholders, page-13

Top Stories

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Ava Risk Group expands US presence with A$0.7M Substation Deal

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Featured News