re: re:gann fan Oxides are simple, top 20 meteres , no overburden, no nasties, already on a pre-Mabo ML. Our indigenous bros love it. The AWU loves it. The NT gov loves it and the prospect of much bigger sulphides later cos that might mean the viability of bringing online a new virgin gas field to the west I would say. Whats yr concern.
Uranium is now green, the ethical funds are buying it, the global greenies prefer it. The jungle aint a jungle. The 3 first targets for commercialisation look "easy" to me.
In fact I would be more concerned about investing in coal miners cos THEY atre the ones wreaking havoc with the weather.
Its all reward / risk HL. They just bought plant for the oxides tho, so they dont seem too worried. Something they know?
IMO, no risk means 5 bucks share price for oxides and 10 bucks for U at todays prices ...and more at likely future prices circa 2009+. And sulphides?
They may even find another Cadia or Cobar in NSW while u r still thinking haha. Love to know whats happening with that 3 mill oz epithermal gold NEM "discard" in peru too. Got that one aside for the REAL gold boom later no doubt.
PE 2 for oxides is my own safety net ta. And Oz and China govt backing for our U is pretty strong stuff too. What chance the fish John West rejects if John West aint allowed to fish?
Bottom fishing time again now methinks. Still loose offerings about tho. 3 mill so far done and put away by Olympians I reckon. Catch the gentle breeze helmsman .... Praise Zeus.
IMBOOC
Add to My Watchlist
What is My Watchlist?