here is why price is moving, page-20

re: dynofish: here is why price is moving Hi Songokou,

I've seen that Summit is a monster resource, and has a monster price to go with it.
There's a big conspiracy theory that the Qld govt won't allow U mining as it will ruin their coal industry. I don't really buy it for 2 reasons:
1. All of the U will be exported anyway
2. If they don't get it from SMM, they'll get it elsewhere.
Big problem these guys have is that it will take a long time to go from JORC to mine. I believe they still need to do a BFS and then find a partner or develop the skills themselves to mine this stuff.
I can't comment on MTN koz i don't know.
Alliance on the other hand have a smaller resource, but have Heathgate next door and by the looks of things already doing the legwork to get this thing going. It will also be cheap to mine via In situ leaching
Remember it took Paladin about 2.5 years to start mining. SMM would be looking at the same timeframe.
AGS on the other hand, once things are in place - 12 mths.
SMM is a great stock ... but the stars need to align to realise its full potential. I'd sooner put $2.30 on AGS atm then SMM.