Though VMY might undergo a rerating ahead of that upcoming surge, seeing how cost-competitive the MRP is relative to the handful of other projects that might feed UOC to utilities by 2024.
Subject to much larger macro developments of course.
Mike's presso back in June mentioned secondary plans and licenses being approved, yet there was no discussion of those in the June quarterly. It will be interesting to see what VMY discloses in the Sept quarterly. Good news on that front on the back of the refresh might be the trigger for Vimy to go bang.
VMY Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held