Australian (ASX) Stock Market Forum

TechnoCap

Life is one hell of a ride
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Let's hope for a ramp in June before the EOFY.

Vimy Resources Limited (ASX: VMY) Australia’s largest uranium developer, is pleased to announce the successful completion of its Share Purchase Plan (SPP) to eligible shareholders, raising a total of $9.0 million.
The SPP was announced on 21 April 2021, following the $18.5 million placement to institutional and sophisticated investors (Placement) and sought to raise $3.0 million. The SPP allowed eligible shareholders to each subscribe for up to $30,000 worth of new ordinary shares in the Company (SPP Shares) at 11 cents per share, the same as the issue price per share in the Placement.
The SPP closed on 11 May 2021 with applications for over $17 million of SPP Shares or approximately 4.8 times oversubscribed.

To the moon we go, one way...hopefully!
 

greggles

I'll be back!
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VMY making good gains today, currently up 15.4% to 15c.

News through on Monday that VMY has paid the final instalment to Cameco for acquisition of the Alligator River Uranium Project. Once all relevant government and regulatory approvals or consents are received, VMY will hold a 100% interest in the project.

Also, planning and logistics for early works on the Mulga Rock Project in the second half of 2021 are now underway.

VMY is kicking goals and the market is picking up on it. I think the second half of 2021 will be a very good one for VMY if all goes to plan.
 

TechnoCap

Life is one hell of a ride
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VMY making good gains today, currently up 15.4% to 15c.

News through on Monday that VMY has paid the final instalment to Cameco for acquisition of the Alligator River Uranium Project. Once all relevant government and regulatory approvals or consents are received, VMY will hold a 100% interest in the project.

Also, planning and logistics for early works on the Mulga Rock Project in the second half of 2021 are now underway.

VMY is kicking goals and the market is picking up on it. I think the second half of 2021 will be a very good one for VMY if all goes to plan.
giddy up for the June comp @greggles
I agree and see most uranium stocks peaking on high performance supplements today...
This one is a hold for 2021 for me!
 

Craton

Mostly passive, contrarian.
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VMY is again my stock tip for November 2021. Apart from a rising SP, nothing else to report.
 

Craton

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With the interest in Uranium who knows but no Dona, just another mug punt on my part.
 

Sean K

On the prowl
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I've already got three of these juniors but am getting interested in Vimy. Looks like a good deposit and they're well advanced in mining permits.

DYL recently tried to back door take them over with a dodgy bid after hours which they pooh pooh'd. I reckon they're probably on the radar for a couple of others to consolidate the sector.

If POU takes another leg up above $50 then I think this top line will be broken.

Screen Shot 2021-11-26 at 10.15.30 am.png
 
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