MLS 5.00% 1.9¢ metals australia ltd

uraniun zinc nickel, page-5

  1. 333 Posts.
    Two reasons why this stock is going to fly apart from zinc.

    (1) Sampling of the calcretes generated results of up to 2819 ppm (0.282%) U3O8.
    A 42 square kilometre palaeochannel system with a strike length of 11 kilometres has been identified at Mile 72.
    Eight calcrete samples were collected along 8 kilometres of the 11-kilometre strike length within the palaeochannel. Six of these samples returned ore-grade results of over 300 ppm (0.03%) U3O8.
    Aggressive sampling is scheduled to start immediately.

    (2) Look at the last report on Sherlock Bay 29 Jan 07

    METALS AUSTRALIA OBTAINS 30% FREE CARRIED INTEREST OVER THE SHERLOCK BAY EXTENDED PROJECT.
    The Sherlock Bay Extended project consists of three exploration licences, E 47/1226, 1227 & 1251 that cover more than 470 km2 and surround Australasian’s Sherlock Bay Nickel project
    The Sherlock bay Nickel project has a current resource in excess of 100,000 tonnes of contained nickel metal, with an in-ground value of more than $4 billion, at current nickel prices.
 
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Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $13.78M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $1.775K 90.76K

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No. Vol. Price($)
9 1502071 1.9¢
 

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Price($) Vol. No.
2.0¢ 104020 3
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