Short Term Trading Weekend Xmas Lounge: 16-18 Dec, page-68

Spot on minoil - as well said and summed up.
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Recently EQU fired up after waiting a while (luckily got in @.023c) so it made up for some other losses during the year (glad that those that bought off me also made some coin lol). IBG another one that eventually came good after a long, long wait... finally lol CYP lost on due to being impatient (why on earth didn't I wait it out?) and look at it now!

Recently picked up some USA @.006/.007 (noting Director's acquired another 6.4M shares about 3 weeks ago @.007 - so that's good enough for me to get in on a punt on this one as well imo)
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24 November, 2016 -- Chairman’s address to 2016 AGM of UraniumSA (USA)

"Following the demerger of the Samphire Uranium Project Assets in late June 2016, the company’s focus has been on finding new opportunities to build shareholder value within the UraniumSA listed entity.

The board has been actively pursuing projects involving a variety of minerals and non-uranium energy assets, as well as opportunities outside the resources sector.

Each of these has been carefully evaluated as part of a diversification strategy, and our search remains active and ongoing.

The company has maintained it's strong cost controls, with salary cash payments being minimised and all other costs pared back as far as practically possible. Many of the resolutions being put to the meeting today reflect this cash conservation emphasis.

The company continues to own the Muckanippie EL in northern South Australia, which covers the Wigetty prospect (an ilmenite-magnetite-apatite deposit), the historic Malbooma gold working and other un-named gold prospects, and various base metal and rare earth element prospects.

UraniumSA has also progressed exploration on its Satisfaction Bore and White Nose Bore prospects, within the Muckanippie EL. The company’s two EL Applications (ELAs) remain on foot, and we hope they will be granted by the South Australian government very soon.

Details of these ELAs can be found on our website. On the 1st November 2016, EL 5865 – Whymlet - was granted to Boston Minerals Pty Ltd (a wholly owned subsidiary of UraniumSA). This tenement is prospective for IOCGU, black-shale hosted and unconformity styles of mineralisation. I thank our shareholders and staff for their ongoing patience and support.

I also thank my fellow directors for their dedication in these challenging times.

I am confident that our hard work will result in improved outcomes for all of us."

Alice McCleary
Chairman UraniumSA Limited
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Please DYOR as always................ Cheers tela