1MC 20.0% 0.3¢ morella corporation limited

I have held rare earth and uranium stocks for well over twelve...

  1. 5,356 Posts.
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    I have held rare earth and uranium stocks for well over twelve plus years and
    these companies still have not produced.

    If you read up on ARU they now need to borrow over a billion dollars ($1.3 billion)
    and they still need more cash, as in all those years, nothing has been built.

    Uranium is the same, very longer time frames required.

    Lithium fortunately only takes a few years, so lets stick with what the board knows.
    1MC, now need to prove up the resource at Fish Lake Valley.
    And if the resource is proven, take the option of a 100 ownership of this project.

    just a thought.
 
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