Nitrogen what you have posted is false and misleading based on...

Nitrogen what you have posted is false and misleading based on VMY spending on Staff and Admin and corporate costs as the quarterly cashflow report shows.

Of all the uranium stocks listed below VMY management spends most on staff and administration and corporate costs, as the facts reveal: -

From 31December quarterly cash flow reports, showing spend on staff and admin and corporate costs:-

VMY spent $1,500,000 for the quarter


PDN spent $970,000 for the quarter

BKY spent$560,000 for the quarter

DYLspent $513,000 for thequarter

BMNspent$493,000 for the quarter

VMY is a cash burning machine spending a massive 33% more than Paladin on staff, administration and corporate costs

Let me put it another way – of the $17M just raised $5M or approximately 30% will go towards paying for running the office for the next 12 months

There is absolutely nothing prudent in this spending by VMY – and if I was a major shareholder, I would be outraged and calling for change