I stated earlier we may require Acap (ACB) our stablemate nextdoor neighbour to be back around 80c to get any value attributed to CNN's tenements (Rio Minerals) in there infancy. (Due to the comparison of resources -DYR)
It may be early but ACB seems to have kicked off the bottom of late and maybe well be back on its way up on the back of some positive uranium talk. Can any chartists comment?
It was stated in a report last year CNN were to spend $1.5m this year on the Uranium tenemnts if I am correct.
So, are we due for some news on progress of exploration in the near future? Could be on the cards imo. especially if ACB holds it ground or even better heads towards 40c in the short term.
My highly optimistic speculative view only.
Biograde is going to need all the help it can get if CNN is going to get its s/p up before the next capital raising.
Cheers
Slew
I stated earlier we may require Acap (ACB) our stablemate...
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