Coalking.
I hope your correct in saying that it could be another
6 to 12 Months before RIO makes a move, the latter would
be the best result, by that time we should have Zone 3
drilled completely out to a Jorc res, also the Co would
know how far the resource runs down towards IDA DOME.
Even If RIO make a T/O before Zone 3 is drilled out I
myself wont except, the only way they will get my shares
is if they reach the 90% holding and then they can
compulsary aquire the shares, naturally if it is a cash
T/O.
Even if a scrip is offered I will not except, until that
drilling is finished.
Nothing less than $15 I will except.
If you have read the latest media reports, you will now
know the chinese have stated they will invest $5 Bill
in any mining expansion RIO wants, so reading between
the lines, the chinese need a Uranium supply that will
last for the next 100 or so years, with the 19 U Plants
currently under construction and with another 13 being
planned as we speak the sites for these P/S have all
been selected, the Chinese aint stupid they know they
have to cut back on Green House emissions, that is why
they are flat chat, at constructing these U P/S, also
some of these plants under Cons have 4X 1000 MW Units.
also 2 X 1700 MW of power.
Some people on this site are going to sadly sell
themselves very short, they all should wait to see the
said above drill results.
Dattels, Mellon, Stalker & Hohnan Will not sell at a
discount these Fellows are the BIG Wheelers & dealers
they know what could be under the desert, they will act
the same as myself, and that is definite.
This resource is a very big chance to equal Roxby D,
or bigger in the long term.
And make no mistake they will get in before BHP.
I have done a lot of research, the U is just not in the
flat desert plains, myself and PJ spoke about and so
has Stayhere.
DYOR.
Simmo
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