ROY - in my mind - is one of the more prosepctive juniors at current levels of 20c.
Given where it has been recently (50c+) and its iron ore & uranium assets, one can easily envisage a price above 45c with any drilling success.
Success in the US with U tenements should not be discarded either.
While manu U juniors in Australia may just as well fold up their tents (because there just ain't going to be a change in WA & Qld govt policy anytime soon), ROY is operating in a proven, historically producing area in a country that ALREADY has a nuclear power industry and without the sovereign risk of countries like Africa. Nor does ROY suffer the NIMBY factor that is threatening BLR's Taylor Ranch project.
All around, once work gets fired up we can expect better times ahead for this stock IMO.
Sure, ROY is speculative, but within that context its a good buy.
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