with the fact that MEP is undervalued!!!
Market doesnt realise that they STILL hold some great Uranium EL's & j/v's directly that they didnt spin into TOE. Two that stand out are the Tarcoola j/v over extensions of the Warrior paleochanel & the j/v with JOGMEC in Broken Hill.
They also have some fabulous ground that incorporates many IOCG j/v's with different companies, including OXIANA, BHP, DOMINION, HELIX. CBH, PERILYA, and MARATHON.
Then of course the massive value in thier TOE & PTR holdings.
The market thinks incorrectly that they are "out" of U dirrectly & has ignored them since TORO listed....WRONG!!
cheers
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the market hasnt caught up ..
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