With increased focus on Uranium and given its liquids possie and DSO iron ore resource base under JV with GBG, this one looks too good at 7 mill market cap to let slip by.
So permission to come aboard captain ... ahoy
Been accumulating for SMSF core from 6.2 this time round with anything under 8.0 techno line for the hold.
Nudging breakout line now with S/t techno targets 11.5 and 24 on confirmation trigger ....... and plenty of U-drilling about to start espesh in NT likley to provide opportunity.
The DSO iron ore resource JV with GBG makes it a moral IMO for future takeover and reckon anything under a buck a share will be a steal for GBG ....... and looks to me GBG will have to assimilate this in due course as part of their own evolution ....... hence SMSF quality IMO.
Looks a steal at these prices boyz.
So lets put ROY into the U-boat flotilla for the coming nuke wars keeping one eye on whats happening with Oakajee and the GBG evolution for the windfall.
Great fundamentals, nice looking technos evolving, QUALITY low risk / high reward play for mine ..... qualifies as an Olympian stock.
Good luck bros.
IMBOOC
MFE Price at posting:
4.3¢ Sentiment: LT Buy Disclosure: Held
