VMY vimy resources limited

Just want to get people's thoughts on when we can expect the...

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    Just want to get people's thoughts on when we can expect the next CR?

    What sort of discount to current share price are we expecting? eg. 15-20%?

    All the other U companies, eg. BMN, THR, DYL, etc have all done their CRs already, and it's no secret that VMY are starting to run low on cash:

    As per latest quarterly:

    * $4.3M left in cash
    * burning through approx $1.2M per quarter
    * no revenue coming in

    we're now in the last month of this quarter, so if I'm thinking a CR sometime this month, probably at a discount of around 15%

    time is of the essence here.. VMY should do the CR soon, before the SP drops further (SP has now dropped below 8.9c, and a discount of 15% would be a CR price of 7.6c)

    is this fair?

    thoughts?
    Last edited by tutes: 02/03/21
 
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