I've heard SXR Uranium One is on the acquisition trail in Africa as well.
I would like them to make an offer. Froneman is a good operator and this company is really going places. They would grab OMC by the scruff of its neck and make it happen a lot quicker than the current management.
PDN is another candidate I would think.
Next few weeks will be really interesting.
OMC sp would be at $1.50+ by now if it hadn't been stalled out by the DML takeover offer.
I thought the initial Bungua results were quite encouraging as only a small fraction of the U strike has been tested.
OMC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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