the market hasnt caught up ..

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