I think they could have something? I noticed the market cap was up a bit but its still cheap..Niger looks quite prospective and they could come up with something after they evaluate historical results. Also if you research into their application there were many many countries trying to get a hold of them.
In the 1980’s, part of the concession area were explored for uranium by the Japanese Nuclear Agency (PNC) and outcropping uranium mineralisation is reported from within the concessions. Data on the previous exploration will now be evaluated.
Indo Energy has contracted an airborne radiometric and aeromagnetic geophysical survey to be flown over the concession areas. During the wet season (June to September), a logistical base will be established in Niger and preparations made for the start of field work at the end of the wet season, in September.
NGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held