VMY 0.00% 19.0¢ vimy resources limited

Rolling the dice with Vimy, page-3

  1. 362 Posts.
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    maybe phase your purchases. If the Uranium sector continues heating up over the next 3 months into equities - share price will move very quickly. 10+c is not unrealistic. FOMO is a killer. Also, I’m not sure prices will be discounted too much with CR - if larger investors want in - whilst volumes on market don’t support - the upside will be access to volume at current price rather than necessarily hugely discounted - huge demand will drive that outcome.
    as for contracts with Vimy - it’s well placed. But contracts signed will make this a 30c+ company. With spot potentially moving to $35 and LT contracts potentially begin signing at $45+, all U boats will rise.

    my thoughts only.

    Last edited by pezsaz: 16/04/20
 
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