$4 900 000 raised last november. Where did it go? Updated DFS??
$5 500 000 raised in June. Where is that headed? Probably $500 000 is already earmarked to arrange the next cap raise. I think we deserve a bit more. At the very least, I expect them to be a bit more prudent with the cash.
Bottom line. Anyone who has heeded my advice has not bought in. Anyone who has followed the spruikers is running at a loss. People should be careful about what they post. Been following this stock on this forum for a few years now. Every forecast re the U price has been wrong. Every forecast re the VMY sp has been wrong.
Vmy led us to expect a good chance of a contract signed in the 1st half of 2020. Didn't happen. So what's next? Are we looking at next year or 2022?
At least if VMY ends up being a dud, there will be plenty of positions available to our board members in the Vic govt. Those Victorians seem to thrive on BS.
VMY Price at posting:
3.6¢ Sentiment: None Disclosure: Held
