Couple of things.. Im sure the Chinese would love to buy Mulga Rock but imo there is 0.0000000% chance the Australian Govt approves China owning a strategic uranium mine in Australia lol.
The best value for VMY shareholders IMO comes from a merger with DYL combining their assets to make a globally significant Tier 1 uranium producer. Both companies need each other, this is a match made in heaven!!
A merged DYL and VMY might re-rate DYL share price to $2.50, long term if they merge i would take my initial $10 long term DYL SP estimate and double it. $20+ SP within 3-5 years.
VMY Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
