If current burn rate continues & no contracts written within the next 6-9 Months or there is no significant asset upgrade, continual CR will dilute & start to hurt. Just my view but soon could be time to switch ships. Remember, of the companies in this cycle for Uranium there are others not so speculative & further along in the development stage. Better capex etc. to get mobile. As far as now goes i think possibly time to reward long time holders with Loyalty rewards. Issue at 4c & Exercise @ 10cents. One option for every 5 shares. Just a thought.
VMY Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held