Company Interviews

Vimy Resources (ASX: VMY) - Get it While You Can. And Reduce Overhead?


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Interview with Mike Young, CEO of Uranium developer Vimy Resources (ASX:VMY).

A leverage play versus a yield play. Where are you playing?

A refreshingly honest appraisal (as always) of the trials and tribulations of a junior Uranium miner. As an investor you need to understand what decisions companies have to make just to survive, to make it through to the point at which they think the market changes. It's tiring.

Vimy Resources has just raised some money. Raising money in a tight market is impressive, but it costs more. Dilution is never popular with existing shareholders, so we ask what Young plans for 2020. Young discusses with us his strategy for Vimy Resources. Some companies are waiting around for something to happen, whilst others choose get ready for what they see as the imminent return of the uranium spot price. Listen to what Vimy Resources is going to focus on.

Refining the DFS again. Is it important or just something to do while we wait? Watch what Young has to say. And do you agree?

We get some insight of ex Utilities Buyer & Seller Scott Melbye. Young tells us what he thinks is going on with the WHWG.

Company page: https://www.vimyresources.com.au/

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Company InterviewsBy Crux Investor

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