This is why it would make sense to spin out the uranium and ree into a separate vehicle. Raise a heap of money whilst U is hot and get something happening that adds value to the project.
Then concentrate on proving up the most prospective gold area instead of trying to look everywhere. The market currently has no way of judging MEU as they've never produced a jorc resource after many years of drilling.
The company has so much potential yet is a perennial underperformer. I'm sure it is because of a lack of perceived progress. Does Dr Rose actually know how to take MEU to another level?
If not, then bring someone onto the board who can do what's necessary to move things forward.
Honeymoon Uranium Project, page-25
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