In my opinion it would be an insult to all long term Vimy holders if DYL & VMY were to team up!
Shareholders have been financially supporting a very expensive ace team at Vimy for the last few years in the belief that they will have the experience and contacts to secure finance and long term offtake contracts once the spot price moves to a more sustainable level.
Mike has always said that the goal is to build a mine as it’s the proven way to generate a solid return for shareholders......
No doubt JB would love to have control of Vimy’s assets at this stage as he would gain access to one of the most advanced green feild uranium projects in the world, but would it be in current Vimy shareholders interest if a deal was done at current values?
I don’t think so!!!
VMY Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
