C29 6.06% 7.0¢ c29 metals limited

Ann: Licence Application Granted around Ulytau Uranium Project, page-7

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  1. 261 Posts.
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    What are people's thoughts on the most likely path forward for C29? What I mean is that statistically it is always a challenge and long timeline to survive going from explorer to producer. I would imagine getting to a point where this company has financed and built a productive mine is a few years away. Maybe drilling and defining the resource then taking an attractive buyout offer is a more likely path to value realisation. What other avenues might we go down, given the ownership of established mines and uranium tenements in the region? I don't have a horse in any race other than trying to turn a profit, but am keen to hear which way the wind is blowing from others.
 
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