buying side looking ordinary, page-8

Hi Kromey1 - nobody "knows" that the laws will change, but you must be living with your head in sand to have missed the growing media speculation and the political pressure being bought to bear on Qld and WA Govt's in particular.

There are certainly no guarantees that either will bend but the money these guys can make for their states, with big chunks going into Federal coffers, will ultimately drive the decisions, not so much the moralising arguments from the tree hugging minority. (Rightly or wrongly!?)

When investing, those that make the most tend take risks, but it is true that they can also lose out. BUT, could/would we lose all or a lot if the decision doesn't go the way we believe it will?........NO!

For me, and I suspect for a number of those posting here, the shares we now hold are free carried, and gradually building up to a 50% CGT discount as well!!

There will be plenty of $$$'s made in trading MKY on the inevitable SP fluctuations regardless of the decision.

Don't forget that the most likely push the SP will get in the short term is from the granting of licenses over the extra tenements and the initial results they (MKY) will release for them - nothing short of "outstanding" is my bet!!

Then the icing on the cake will be when the Fed's and the QLD Govt's announce reviews of the policy and then later announce a backflip to allow mining and export of U308!!!

Life is nothing but a daring adventure!!!

Please bear in mind this is not advice and n acxtion should be taken to buy or sell based on my piosts, in fact it is best to ignore everything I say as I am always wrong!!


DYOR and back your "gut" feelings!!