MFE magnetite mines limited
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I've known for a while that Royal was under valued considering...

  1. francoo
    1,545 Posts.
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    05/02/08
    22:17
    Post #: 3323368
    I've known for a while that Royal was under valued considering its Iron Ore projects let alone the uranium.

    But until I revisited the company website I had completely forgot about the gold.

    The Baron Project in western australia has 61,560 ounces (JORC compliant resource estimate). I know it is not enourmous, but a project with a $60million IGV still needs a mention I believe.
    MFE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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