No chance of a takeover. 50% holding is with less than 10 people. Still an attempt would boost the sp. Share price still low with a few waves lapping away and yet to smooth, but will be gone soon enough.... apart from industry not in favour, and specifically looking at VMY’s performance, recent share price drop came from RCF selling off, then euroz organising buy out of RCF and needing some additional short term retailers to bridge the gap for Pacific (who are long term), and then unfortunately needing a CR so quickly thereafter ..... wasn’t ideal and all within a few months. But here we are with money and decks just and ready to sail; - a cracking good resource at Mulga. Actually one of the worlds best - “busting” potential at/near Alligator - gotta love Mike’s language. He is a legend - possibility at Velo - mgt have interest and looking for a potential spin off with a free carry or Vimy - big boys and their toys : Putin and Trump about to review/tear-up U weapons agreement - can only be good for a s232 - a chance Australia will benefit from s232 - especially if Trump government realise US could get marginalised in future if China/Russia go on a buying spree
I’m keen to imagine for a second - and keen for views - if we are able to achieve $65 USD LT contract for 15 yrs @ 3m pounds p/y - what will happen to $25m market cap ?
