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Vimy Resources Limited

Vimy Resources Limited (ASX: VMY) is a Perth-based resource development company. Vimy’s flagship project is the Mulga Rock Project, one of Australia’s largest undeveloped uranium resources, which is located 290km ENE of Kalgoorlie in the Great Victoria Desert of Western Australia.

Vimy also owns (78%) and operates the largest granted uranium exploration package in the world-class Alligator River uranium district, located in the Northern Territory. Vimy is exploring for large high-grade uranium unconformity deposits identical to those found in the Athabasca Basin in Canada.

ASX Code
VMY

Sector
Energy

Website
https://www.vimyresources.com.au/

Spotlight Videos

Vimy Resources – ShareCafe Hidden Gems Webinar Presentation

Presenter – Mike Young (Managing Director) – VMY is a Perth-based resource development company. Vimy’s primary focus is the development of the Mulga Rock Project in Western Australia. Vimy also owns (79%) and operates the Alligator River Project, the largest granted uranium exploration package in the world-class Alligator River uranium district, located in the Northern Territory.

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News

VMY – Morgans rates the stock as Add

The August 2020 update of the definitive feasibility study (DFS) for Vimy Resources' wholly-owned Mulga Rock uranium project in Western Australia enhanced value further, according to Morgans. This is despite the broker using a lower long term contract uranium price of US$55/lb U308, previously US$60/lb.

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