MHL 0.00% 0.3¢ monitor energy limited

If they pull it off, which I honestly think/hope they will, then...

  1. 7,747 Posts.
    If they pull it off, which I honestly think/hope they will, then they have many options for shareholder wealth.

    Fury and Uranium asset can either work for us and add upside, or my preference is to divest. Sell them off. Uranium always take time, and Fury, god knows the issue we've had their with flooding.

    So we can potential hit a jackpot with them or raise some funds.

    Then we are cashflow positive and debt free in Trinidad from day 1.

    Could pay a dividend, but I wouldnt.

    Do a share consolidation. Little short term pain. Then progressively do a share buyback. Thats my prefered route.

    When you think about it, Fury can never deliver what 90% of Trinidad does and will produce. So why bother with an insignificant although (possibly)profitable minor holding? SELL SELL SELL.

 
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