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it's still only a <700m entity. I see a 10x as a reasonable...

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Diggerdeegs

71 Posts.

7

31/03/22

22:48

Post #: 60563978
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Originally posted by nitrogeon: ↑

I think Alligator River is the jewel in the crown. It could make the merged entity into another Fortescue if Uranium becomes a hot commodity. VMY was lucky to pick it up on the cheap from Cameco during the uranium bear market. It's a shame to have this upside diluted by the merger.

Saying that the merged entity is likely to attract a premium price from investors looking for a tier 1 U company.

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it's still only a <700m entity. I see a 10x as a reasonable target.

VMY Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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