Bit confusing (to my simple mind) but Callabonna were going to have an IPO but because of financial times they have not done this (I think)- I had presumed that the shares would be escrowed for two years after the IPO - you would think that with the release of another uranium license by the Federal Govt and Callabonna is around that area that there may be an Callabonna IPO on the cards and I would think that RAU would keep their stake and not sell shares
But what would I know in dry season sensational Darwin
BIG Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held