I would like to know where you think RIO is moving towards Uranium, as they have just sold another part of their uranium greenfields to UEC this month. To quote Brandon Munro, CEO and MD of Bannerman Energy in a interview this week "....so well done to UEC for executing yet another quality acquisition, they've helped to I think take some more of the assets held by an unloving parent in the form of RIO and put them into a portfolio where they'll be given appropriate and due care and attention. And if those assets do have potential they've far more likely to realise that potential within UEC than within RIO who are effectively looking at the door for this sector..."
Could you please indicate how you think RIO is moving INTO uranium? facts please, not arguments.
BHP Price at posting:
$44.74 Sentiment: Hold Disclosure: Held
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