VMY 0.00% 19.0¢ vimy resources limited

IMHO,Why JB started engaging with VMY board after Aug? VMY...

  1. 58 Posts.
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    IMHO,

    Why JB started engaging with VMY board after Aug? VMY received PMP approval 27th Aug, the approvals de-risked Mulga Rock project.

    if DYL put in offer before 2021, probably I would be happy to vote for “yes”. And DYL could get great deal, maybe low ball could be passed!

    Now everything changed!!! Without an everything ready project, JB is very unlikely to build another uranium mine. Uranium is an extremely slow world, JB has enough time for a new project, for this cycle, for his second legend???? I seriously doubt it.

    Don’t forget, JB has other projects available, no just mulga rock.
    he talked about M&A since 2019, make the move now? Why VMY?

    For me everything shows DYL needs VMY much more, and JB is not the only one can build the mine, with Mike’s legacy, many qualify CEO can do the job. Mulga rock is a simple open pit mine, Mike Young keep emphasizing this almost every interview.

    As a shareholder, I would be happy VMY 60%vs DYL 40% if merge happen, I don’t mind VMY gets more than 60%

    Again, I could be wrong.

 
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