Mefish, a painful slide indeed, but I am not sure where seafood comes in? In the last few years, Vimy and Boss have established themselves as the two Australian stocks with Australian uranium projects to hold. That has been achieved through high-quality feasibility studies, and the spend associated. There isn't another Aus company out there with the prospect of reaching production in the next 5 years. Now it’s true that no one in the industry realised how opaque and illiquid that market had become over the last 3-4 years. At some stage, the laws of demand and supply will prevail, and utilities will come knocking at Vimy's and Boss's doors. Once that reality kicks in, it will be a game-changer for holders of both companies securities. Without a doubt, there will be bump along the way, but we’re looking at a Disallowed plus.
VMY Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
