Very Interesting ........ can't really find out who MGM is.
I had previously put a marker down in the TOE feed that I believed that if there was a change in sentiment that had prompted TOE re-looking at their Nowthanna tenement then that is where activity would show up, as AVL had Nowthanna listed for Sale on its web site for over a year - so it wasn't a secret. I made the seemly bold claim that if there was a shift in sentiment in WA re the co-mineralisation of U/Va accessibility (would they really leave 68mLbs of Va in the ground just because its co-mineralised with U) - Nowthanna is where it would show up as TOE has the co-mineralisation separation technology (and the other half of Nowthanna) and no one else can do it (currently as I understand it).
So its a very interesting development.
I guess the main question AVL people would be curious about, is we were expecting drilling to commence at Coates - literally any day. Coates is potentially a $B tenement, I understand the clearing the decks and focusing on core business angle, are they drilling or not? Bigger moves a-foot perhaps.
I guess the central question is who are Green Metals Mining? How soon are they listing?
AVL Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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