Beach Energy , Ramelius are all related (an doing ok) as well as Monax 33% share holder of Marmota so its logical that Beach Energy will eventually take over and that's it. No money left in the bank at Marmota , Uranium dead in the water and no one interested in taking up their rights entitlement . A windfall for Beach Energy (Ex Petroleum) maybe.
A sad state of affairs for shareholders of Marmota that were roped along for such a long time waiting for the announcement of a major Uranium JORC .Lets all move on .
MEU Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
