MFE magnetite mines limited

The Crabbs are crafty fellows and with a new CEO on board it is...

  1. 341 Posts.
    The Crabbs are crafty fellows and with a new CEO on board it is this writes view that we will see a stream of anns over the next month and some real clarity on the future direction opf ROY.

    For Example:

    Results of the Pilbara drilling project

    More results from Warrieder and a clear timetable for the commercial development of the resource with GBG.

    Uranium development news with out JV partners in the USA.

    Possibilities.... spin off of the U assets into a separate listed company, co - development of further Mid west assets with GBG,

    This list is by no means comprehensive but it certainly give you the general picture that ROY will be getting to cash flow much faster than many of the other IO juniors and has a treasure chest full of prospects.

    With an undiluted market cap of $26 million I think this is a very good medium to long term invetment. I would not even like to hazard a guess at the sp in 12-18 months as it would be pure speculation.

 
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