It's not just MEY,
PDN ,DYL & BMN all had a good run today.
About JY ON BRR ,he always sounds like that.But specifically about what he said,he is assuring shareholders the co' is working on improving the fundamentals.None of the ongoing work is completed yet but by the end of September expect:::::
a)infill drilling @ MA7 is proving up large area with app' 180ppm,which will increase and upgrade the jorc estimates
b)Beneficiation results are looking positive
which all leads to an improved PFS.
Reduced capex---improved jorc----Areva as a neighbour with a 10% stake----Hanlong potential for offtake agreement and funding.
Hey ,I'm still in the red but I see more positives than negatives so I'll stay for the ride.If you dont like it sell up.
News: Marenica Energy Company Update , page-8
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