Since the invasion began Russia / Ukraine the spot price of Uranium has increased 47% and is now around the $63.60 mark . Marmota has a JORC of 5.4M pounds and a possible resource of up to 33M pounds all high grade if they care to drill an already targeted drill sight . BOE and the Honeymoon sight are gearing up for production and will need continuity of supple and that's where Marmota could slot in . I saw this article in * 17/3/22 which may be of interest. Marmota is currently evaluating a number of different options to realise value from its uranium assets for its shareholders, including direct exploration and/or moving the uranium assets into their own distinct vehicle for the benefit of Marmota shareholders.
MEU Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
