Neo Energy Metals – Immediate Low-Cost Exposure To The Uranium Sector, Shares Predicted To Rise Nearly Twenty-Fold

In the last nine months, Neo Energy Metals (LON:NEO) has undergone quite a transformation.

If a certain London broker’s analyst is proved right, its main-market listed shares could have a massive upside.

Having risen 23% yesterday, they are now priced at just 1.01p each, while the Price Objective is a massive 20p!

The Business The company is a Uranium developer and mining company.It holds up to a 70% stake in the Henkries Uranium Project, an advanced, low-cost mine in South Africa’s Northern Cape Province.- Advertisement -The Henkries deposit is located across the border from Namibia, which is host to many operating uranium mines including Rossing and Langer Heinrich.It has been estimated that the historical investment in the project was over $30m in exploration and feasibility studies, NEO aims to increase the project’s mineral resources and complete an updated feasibility study, ahead of a determination of the development schedule at the end […]

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