Could be drill results for the Uranium prospects that they drilling. In the N.T and in the U.S from memory. If that is the casue of the spike the sp will go down after the announcement. Every single time an ann about their uranium has come out the sp goes backwards.
If its anything to do with I/O....then perhaps it will continue on its way up. Mind you...releasing news after a speeding ticket from the ASX wouldn't be too wise now.Not that the ASX would do anything about it anyway.
Only holding a long term 45% loss on ROY now...so here's hopeing the sp continues going up!
MFE Price at posting:
26.0¢ Sentiment: LT Buy Disclosure: Held