SRT 0.00% 16.0¢ strata investment holdings plc

red rock buying, page-9

  1. 7,761 Posts.
    From the BRR interview...

    Ian said "We feel that there is a good geological potential in Malawi for uranium and the Government is very supportive of mining and in particular uranium mining in the country and certainly our dealings with the Government to date have been very positive. So that is one of the main reasons that we are there. And secondly, why we are in the areas we have defined specifically back in the mid-1980’s the United Nations sponsored a major reconnaissance exercise across Malawi and a Canadian consulting group Paterson, Grant & Watson undertook a major airborne radiomagnetic survey and as a result of that survey they identified around 40 key target areas and we have been fortunate to pick up in one of our leases, one of their highest priority target, their number two target, the Chinduzi target which is situated on the Machinga lease which we have just had granted and adjacent to that, are other high priority targets identified by this Group. "


    ................


    So they were fortunate to pick up in one of their leases - ONE OF THE HIGHEST PRIORITY TARGETS - PGW'S #2 TARGET.

    .................

    #2 of 40 KEY TARGET AREAS. That to me spells - a great lease pickup!

    I can't read it any other way.

    Cheers,
    T

 
watchlist Created with Sketch. Add SRT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.