'no uranium mining' in wa, page-12

re: playing with fire again like tech... Hi Macrae,
Noticed you have been sitting on some nice stocks.

AGS could be mining within 12 months as part of a JV with Heathgate.

JORC report to be produced by Christmas.
Expect 70,000t Plus at 0.20%
Mining prefeasability study under way.

Its all part of Heathgates $100M Expansion program.

The plant is there, the expertise is there, it can be mined under the existing 3 mine policy.
All Heathgate needs to do is fling the pipes across the fence.

Mike McGeogh Government Official from PIRSA called it the largest and most exciting Uranium Discovery in 30 Years at the recent Paydirts Uranium Conference.

With ERA's production coming to an end unless Jabiluka gets off the ground. BHP's expansion still 5 Years away from extra production.

Only Beverley/General Atomics is increasing capacity and will have extra Uranium for sale in the immediate future.