the little uranium play

Researched RPT and posted the following
* Currently drilling with interest in SA geology similar to Olympic dam hence named Heraklion [Greek]
*Currently has 12th largest JORC accreditated Uranium resource in Australia. feasability possibly late 06. $850 million in ground @ current prices.
*low cost to mine, low enviromental issues.
*has accumulated several other high potential targets.
*small gold prospects [not company focus]
* Malcolm Mason executive director identified, aquired and project developed Paladin project in Namibia.
* good cash reserves

Some pundits who are [reasonably] cynical about the plethora of companies claming Uranium potential status require

Management experience in uranium
JORC accreditated reserves
Reasonable future prospects
Resource ability to actually become a realty

The political situation IS changing the gamble is if and when the states change that we have picked the correct Junior to be onboard. looking ahead and the Market is forward looking, any signs that WA is wavering will cause this stock to move forward alarmingly in my opinion.