this company is finished, page-30

The recovery of share price in a day does not mean much. There is no straight line down, just like no straight line up.

Since Mt Gee become a sensitive issue, even mine is allowed, what is the risk of delayed project development due to the expected lengthy environment and social study? And what is the implication of additional cost to be incurred?

Remember, MTN has never release the financial modeling results in scope study. I guess it must be very bad, both capex and opex must be very high due to limited and costly operation options to accommodate environmental issue.

On the same basis, MTN might have less return than its peers.

So risk of no mine, project delay and high cost are three risks associate with MTN, they are real, not imaginary.

The odds is getting worse since drilling activities were suspended. Without drilling, you cannot have a feasibility study because simply you don't know what you have in Mt Gee.

If I have money and still a uranium bull, I would buy other beaten down uranium stocks. There are too many out there. Just like a couple of years ago. The only problem this time is on the way down...