VMY 0.00% 19.0¢ vimy resources limited

Darren, keep in mind that JB has no experience in developing a...

  1. 217 Posts.
    lightbulb Created with Sketch. 41
    Darren, keep in mind that JB has no experience in developing a uranium project in WA in the last 10 years. Other than Vimy, only Cameco Australia, now disbanded, could have made that claim.

    JB's strengths lie in Namibia, and to a lesser extent other African jurisdictions. While at PDN, his Canadian and Niger ventures turned out to be significant commercial failures, and he paid a fortune for the Mt Isa group of resources, a complete waste of a couple of billion dollars if there ever was one.

    He acquired Manyingee in 1998, and by 2015, had managed to take it to a scoping study (screenshot from PDN's website below), not a great indictment considering the Libs were in power from 2008 to 2017:
    https://hotcopper.com.au/data/attachments/3801/3801983-c4643717574352171f0800e55d512c65.jpg
    The 4-5yrs timeframe is a joke, and should realistically read as 10-15 yrs.
 
watchlist Created with Sketch. Add VMY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.