I think that's a bit harsh, mefish. Pretty much every unranium investor, except the most very recent would be under water today, which ever company you looked at.
U3O8 market appears to be getting back on it's feet, albeit a tad slowly for my liking, certainly increased demand is coming but when that will translate into sp rises all round, that's the unknown.
Everyone is aware of the cash position and every Development Company, such as VMY, is going to need a CR from time to time, that almost goes without saying.
VMY has good management, some strong backers and a great project in Mulga Rock, 'fully permitted', and some fabulous exploration ground, apart from the market, what's not to like here?
B22.
Expand