uranium - eda, page-2

Interesting isn't it? I was trying to work up a story for taking up the Rights issue given what has transpired with the company, until this came along.

On the face of it, it would seem like a given for getting into the uranium play at a pretty good entry price using the rights issue to average down and, hopefully the company making a case for the negotiations later in the due diligence period.

All this is based on the projected upside for Marenica with MEY which fortunately, is suffering at this point with all the uranium stocks and creating this opportunity.