re: Ann: Mauritania Uranium Update - Maiden R... wheels
i agree. Great report and some super new targets to drill in Feb., as we start getting closer to the initial JORC. The time frame may have been lengthened but the chances of +50mio lbs has greatly increased.
Personally, i think the Oz market has gone short term and lost sight of the serious economic value and money to be made. This company has been slow out of the blocks but the assets are substantially de risked and the upside is huge- with a clear strategy and Areva partnership in place. When London saw the news they went nuts and paid it up to 9.5p. Brokers and investors over there openly talking medium term price targets of +50c. Why do Oz investors trade it around for a few tics when a multi bagger is on the horizon.?
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