VMY 0.00% 19.0¢ vimy resources limited

Invest according to your risk tolerance.Vocalizing your anxiety...

  1. 63 Posts.
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    Invest according to your risk tolerance.

    Vocalizing your anxiety will not reduce the risk. You're either in or out.

    People freaked out when EMA became VMY. People freaked out when the WA Govt changed. People freaked out when Mike left. People freaked out about permitting claiming VMY would never break ground. Now people are freaking out because Management is changing.

    Personally I think its pretty clear they'll either - appoint some key staff in coming weeks / months, or announce an M+A based upon the best return for shareholders. Board have already proven they've got the balls to stick it out for the best deal, and may well go it alone if they can secure good resources.

    MR is one of the few mines genuinely capable of being stood up this cycle (whomever is at the helm).

    I dont think it's anywhere near as 'bad' as people make out. *shrug*

    #HODL
 
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