with our neighbours well cashed up, and the location of our recent tenement uptake which seems to bookend our neighbour who are trying to sure up their resource to a enconomic viable level as per there company announcement... anything from A&M, to what ever.... could see 10-15mil....offer with a % of net production leaving heaps for us to continue drilling our vast offerings... its actually a very good move by the Dr and a masssive standout on the map. We will need cash to progress our lot through next year. Boss had a over subscribed largish CR at a premium to SP ... so the investor are supporting them... didn't they actually return some cash too as too much sitting in bank?
I also note another solid move with all the uranium stocks this week 10-15% average. All setting up nicely for a bumper next year... but likely to have a few big announcemnt in next month or earlier.. .. thats the impatient side of me speaking of course and want everything to happen yesterday... and its been a slow year to reall progress.... althought like the camp with the those massive water tanks that were set up... nice weekend away... as a side business.
MEU Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
