What is the story behind the Hindmarsh debt? Interestingly, Mega uranium's (Mega Hindmarsh being a subsidiary) share price has been on a steady rise since December. They have recently purchased 11% of another company, which suggests some cash flow, but are however selling off by farm in, a good $2mil and possibly more of the Kintyre Rocks uranium project in WA. The bottom line is, I think they won't let go something of value, remembering the project was initially a uranium project which is Mega's core business........watch this space.
What is the story behind the Hindmarsh debt? Interestingly, Mega...
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