politics, page-2

Hi Folks

Yes Juqu you are right there. We have seen some 'promising developments' in Ukraine. And it augurs well for Uran.

The simmering tensions should be a concern, however the realities of getting Ukraine in the WTO and doing business for the good of the country look like prevailing.

But to balance that we have not received any news from Uran that confirms acquisition of the projects.

I month ago I received an email from Uran stating that Ukraine may be weeks away...not months. The recent announcement suggested Uran would be well and truly underway in Ukraine before mid year.

It tells me that we must be very close to an outcome here, and that Uran are very confident.

Politics in Czech and Urans PR over there seem to be in the news....note not in 'our' news.

What I am very happy about is the current share price action.
In a tough week or three we have seen the selling side dry up. The buy side doesnt look strong 'on paper' but lack of sellers indicates, to me at least, that a good announcement will see some excellent moves upwards.

We have hardly seen any sort of volume for some time. Its a good sign.
In such a difficult and negative cycle in the markets we 'appear' to have gotten to a stage where the next move is upwards.
Those holding back and not buying are now facing buying their shares at higher prices...as ive said, sometimes you do have to step up and buy in 'these sorts of circumstances' 'if' you believe Uran will acquire a project ANY project in the next 5 months.

'Any' project will see the current share price re rated higher from such low levels.

Right now the market is speaking clearer than anyone can here now;

"We are waiting for developments before we sell"

Lets put it in perspective though, just a quick history lesson;

Uran has had a massive fall from its highs. Its continued downwards beyond levels of fair value to good value...to bargain basement levels.

I know some here disagree as Uran in their eyes has nothing. I 'understand' their points of view. I disagree with them.
18 months of hard slog in the CIS IS valuable.
Favourable partner status in Czech IS valuable.
Ukraine protocol IS valuable.
The other projects are too.