re: Ann: Royal Increases Share in Uranium Joi...
Seems to me they are cleaning out their portfolio and focusing on the ones which can offer near term success for upward rerate ... u dont waste cash on maintaining stuff which is too remote / too hard and non-core ... thats the positive spin I would guess. Tho the main plays havent been mentioned in this report. Watching for more and espesh the market action cos plenty of niping from sidelines beneath the break line.
Want to hear what they intend doing about
(1) SHINE iron ore JV wih GBG (2) other solo iron ore in SHINE proximity (3) the GOLD project now being drilled (4) The NT Uranium prospects now being drilled (5) the USA Uranium prospects now being drilled
But with so many things on the go finally and likely corporates at any time IMO ... u cant leave SHINE on ice like this indefinitely IMO ... closely watching market action for signs and trigger to buy trading parcels for next leg.
Remain optimistic and keen. Like housecleaning and refocus when new leaders take over. They aint sitting down.
IMBOOC
MFE Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held