dd results imminent, page-31

Just a thought - Laskara's Guinea tenements are supported with a comprehensive data base of drill hole data, aeromagnetic survey data and geological mapping of the most prospective areas collected over several decades. This data includes intensive work by the French Gov. Nuclear Agency Cogema (Areva). With U308 at the current price, what value will be placed on these tenements, and how will they be paid for?

If Deny Dalton is not successful and the share price falls to between 3.5 - 3.8 cents, a 100,000,000 placement at a discounted price of 3 cents a share would only raise 3 million dollars. Hardly enough for such a project. Management have previously expressed a reluctance to sell the MLX shares as they see them as a growing asset. This could mean that management are confident about Deny Dalton giving a significant share appreciation or will the Guinea tenements cause a major re-rating of the company.