MOM 0.00% 0.3¢ moab minerals limited

Exciting acquisition into an exciting space. Good to see the...

  1. 358 Posts.
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    Exciting acquisition into an exciting space. Good to see the market responding positively and a fresh $1.25 million in the bank. Well done to Mr. Day and the team!

    DLC remains a tightly held shell (top 5 own 68% of shares) which is very inexpensive, considering there is an operating business in there and 11 million EUR shares.

    I think this is a very smart move - the right place at the right time... Uranium in the USA. There are 4 historic mines in the area with demonstrated mineralisation. Now the team just have to execute. Also great to have the White Mesa mill in such close proximity, means there won't be a large capex bill to build our own mill.

    Worth googling the Uranium price over the past month / year. Looks very bullish.

    Will be watching this closely as it progresses!

 
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