XAO 0.67% 8,022.9 all ordinaries

VMY - the best long term play of the uranium bunch. Great buying...

  1. 459 Posts.
    lightbulb Created with Sketch. 203
    VMY - the best long term play of the uranium bunch.  Great buying at these levels.

    market cap - 50m
    cash - approx. 10m (5.4m end of Qtr + 6m raise - less expenses)
    soi - 415m
    T20 hold - approx. 65%
    total JORC - 116m lbs

    Currently in a tight trading range. 6m cash raised at 11c. Twiggy major holding with 57m shares giving him 14%. RCF, Acorn, and Rigi all in there too. 90m lb core project Mulga rock DFS expected to be significantly improved from battery minerals upside circa $4 lb (copper-zinc-nickel-cobalt). Angularli deposit of 26m lbs with an additional 20-60m lbs target for that one prospect. Drilling to commence soon to expand the Angularli resource and to drill a new area named by previous explorers the 'Such Wow' prospect. Angularli and Such Wow are in one of VMY's 3 additional tenements in the Alligator River region.

    VMY CHART.PNG


    vmy preso 0.PNG


    vmy preso 3.PNG
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.