MFE 0.00% 1.0¢ magnetite mines limited

"Four of the sixholes intersected the favourable Upper, Middle...

  1. 3,849 Posts.
    "Four of the six
    holes intersected the favourable Upper, Middle and Lower rim massive sandstone
    depositional units with two of the holes recording anomalous though sub-economic
    uranium mineralisation."

    Quick pass you'd assume they wanted something (dare I suggest anything) to drop into the market.

    If that is the "great" US uranium business we've aquired we'll shortly be trading at less than cash.

    Clearly there is more to this but what the h*ll has the Co. been doing?

    Is this why they are hawking it around?

    Bout time Mr Crabb fully informed the market just where and when we can expect something other than promises.
    Am i being hard on management ... absolutely.
    My opinion only.

 
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