I have held ROY for what feels like too long!! However I am holding to see what happens in the coming months with the U and this new iron ore deal. I won’t participate in a capital raising at this stage though. Smacks of ‘good money after bad’.
Would love some guidance on;
What is their plan for Shine and is this realisticly going to produce anything in the next 5 years? Update on their USA U focus. This just seems to be a joke (happy to be proven wrong). How much will they need to raise (coming shortly & I expect this will need to be a fair bit)?
Look forward to the NT U results. Some good results there are very much needed for credibility.
MFE Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
