Wow, we really are going barebones now. We've got resources, $21 million in cash, 2/3 approvals, but contractors for management. Its almost like this is being done by a major shareholder but there's not one big enough on Top 20 to call the shots as big as this.
There's got to be a significant corporate transaction coming. Either VMY gets taken over, or VMY take out a junior to add to the resources and get a management tram that way.
Either way, its sector consolidation over the next few weeks I reckon.
VMY Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held