PAGES 60,61 of the PRESENTATION:
"NATIONAL INTEREST":
THE COMMONWEALTH HAS THE POWER TO OVERRIDE THE STATES AND GRANT ALL NECESSARY APPROVAL FOR A URANIUM MINE, WHERE:
1. Instances of States not acting in the "National Interest" occur.
2. Export Income and Contribution to Balance of Payments is significant (>$1 Bill) and is being blocked by the State.
3. Fed Govt is under obligation by way of Treaty, FTA or OTHER COMMITMENT to a foreign State or International Authority to allow the activity or Industry to proceed.
It was reported in the "Miningnews.net that the following statement was made:
"AUSTRALIAN Resources Minister Ian Macfarlane has revealed the Federal Government has sought legal advice on its options for overruling state government legislation banning uranium mining, as it attempts to finalise a uranium export deal with China within 12 months."
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somerset minerals limited
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $15.48M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $104.9K | 4.435M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 0.024 |
11 | 1577625 | 0.022 |
7 | 3323380 | 0.021 |
8 | 1791500 | 0.020 |
2 | 750000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 100000 | 1 |
0.026 | 1100000 | 3 |
0.027 | 1497325 | 5 |
0.028 | 441645 | 3 |
0.029 | 931299 | 2 |
Last trade - 15.56pm 23/07/2025 (20 minute delay) ? |
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SMM (ASX) Chart |