Last time sophisticated investment placing was oversubscribed by 2 x And scaled back. Existing retail shareholder offering was the deficit not taken up. There are other ways of raising cash too, such as equity partners - maybe on velo or alligator as an example. Finally timing will be interesting - imagine getting full and final mining licence in next two months and our first contract ... who knows
VMY Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held
