ukbroker forecasts 30m lbs of u

A UK broker has recently completed a report on their favorite U stocks. OMC got onto the list when they forecast that their Kariba prospect in Zambia would expand its resource base to 30,000,000 pounds of U within twelve months. They gave it a buy up to A$1.38!! also said that if OMC meets its timeline to establish a mine in 2007 they would significantly re-rate the stock. This puts it in the Palladin A$2.3Billion class which also has around 30,000,000 pounds of U at Langer Heinrich. U can do the math on the re-rating of OMC (just for fun).

Then U can throw in Mavuzi and several other high grade properties as sweetners. OMC will get huge and very serious.