Its good to see - the sellers are getting wiser ? So it should hold around the 20's until we can get some news next year Like to know where the shortfall on the rights issue went - they could be the sellers ??
Might be good timing to unwind the U assets first quarter into another listed company or merge them with another ? - don't normally agree with this - but ROY needs to focus on the iron ore project & could maximise the U assets after the world conference Just look after shareholders on the transfer ?? - should add value to ROY - so the Foo fat fung dudes need to crank up the buying - otherwise it could be 30's & 40's again !! GIR shares are looking good - $3m yet - whats the exit strategy ? What about GBG jv ?? GBG would it be worth having a crack at ROY ? Could be a similar project - better infrastructure ?mmmm My theories only - anyone else got some ?
Westaussie ? - your thoughts - you appear to have a good grip on this one
DYOR
MFE Price at posting:
19.5¢ Sentiment: None Disclosure: Held
