Ann: Merger of URI and Anatolia Energy Approved by Court, page-3

From that link:


Alex Molyneux, Chairman of Azarga Uranium, had this to say, “I am a big supporter of Anatolia’s Temrezli project. It’s the world’s lowest cost, undeveloped uranium project, now in the hands of an experienced ISR team with demonstrated financial support from RCF.” - See more at: http://www.miningfeeds.com/2015/10/...for-3mm-lbs-year-in-u-s/#sthash.HlQ7s97K.dpuf

Guess who Alex Molyneux is? The new CEO of Paladin, after JB stepped down a few months ago.

Quite a glowing endorsement I would have thought.

Unless, the merged entity quickly doubles in price to be closer to US$100m mark, then it will have a target on its back as a take over target.


It looks like AEK is as of this moment over. In a couple of weeks we will see URI commence trading on the ASX. Best of luck folks!