uranium , page-3

I don't think there is any doubt that the WA govt will give the tick of approval since Premier Bennett has publicly supported the Uranium industry in WA. He even asked BHP to sell the Yeelirrie uranium deposit to a company that will develop it if BHP planned to just sit on it so as to support employment growth in WA (and we now know that Cameco just acquired it from BHP). So Wiluna will go ahead on this basis. It would seem that it is just the economics of Wiluna, in particular the suppressed Uranium price and therefore the availability of further development capital that is keeping Toro at 7c.