Mate, I share your concerns regarding the management and everything regarding their decisions about uranium. Even the tightly held register is a bit concerning yet comforting to know that the MD won't completely abandon the project to ensure returns are made.
Currently based on what we know and past events with other companies, ACB most likely will be looking for a takeover or sell their U project. Considering that they lack the expertise or personnel to take them into production.
I hold a small parcel and am waiting for the CR to decide if I want to fully invest in this company. What they plan to do with the funds will determine how much I want to invest in them.
ACB Price at posting:
14.0¢ Sentiment: None Disclosure: Held
