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News: VMY Vimy Resources Announces $18.5M Equity Raising, page-170

  1. tutes
    3,288 Posts.
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    19/05/21
    10:08
    Post #: 53269019
    what's so bizarre?

    yes, ALL explorers/developers (including those you mentioned) need money to become a producer... in VMY's case it's around $340M

    i was purely replying to the fact that the previous poster said that VMY will fund Mulga purely by debt.. whereas it will probably be a combination of debt and equity (more CRs)
    VMY Price at posting: 14.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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