I guess they must like the look of the Mo project to have taken up the option, but I haven't seen enough results to make me think it is a goer.
Early indications are interesting with:
[email protected]% Mo
[email protected]% Mo
The swedish projects sound high grade, but I wonder what sort of tonnage we are looking at?
Either way - unless they burn the cash with no result, likely to be little downside as it is close to cash backing.
moly and uranium 7m market cap and 6m cash, page-3
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