The U3O8 space has been absolutely smashed since Fukushima.
It has been apocalyptic for companies invested in the space, it is truly a case of last man standing.
VMY is one of those, most importantly without debt. Dilution for that time frame has been minimal.
The directors have lots of skin in the game. Mike is in LA atm at the Nuc conference, back in two weeks so expect news flow then.
Andrew Forrest is no. 2 in the top 20.
Acorn Capital is no. 4.
The top 20 looks really good imo, the recent placement has provided the needed liquidity.
It has been painful for long term investors but I think the tide is now turning and oh boy is there some upside in the sector.
VMY at $40M market cap is absolutely mouth watering imo.
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