As most of us see this as ridiculously cheap others do to any offers will come before policy change there is no rush in uranium vimy got mining approvals over 2.5 years ago and now all you see at mulga rock is cobwebs borshoff wants tumas first and so far needs to raise more funds to start a mine construction which if starts today will take 2-3 years ? so mulga rock is at least 4-5 years away ?
in that time I see a lot of changes the house of cards is already started to crumble state and federal toe is at a vulnerable price with plenty of cash and attractive at this price any big fish interested can put this on ice for a few years a explorer will spend more to find and develop this size of a resource and that is if he has success in finding
any big miner looking to expand will have this on radar I would the way this has travelled for years makes the shareholders primed ?
TOE Price at posting:
20.0¢ Sentiment: None Disclosure: Held
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