Hi Folks
Great announcement.
Only operating mine in Europe. One Govt to deal with. And a history of around 400 tonnes or thereabouts over a long period.
'If' Uran can get a (big enough) piece of this one this will be a company maker.
What a deal this would be. Kates ol mate PDN's Borshoff would most likely have a pretty good appreciation and understanding of the potential of further Czech reserves and mine life ;)
And we all know its just 'one of' the stories with this company re projects.
Lets hope the last year of negotiations has them 'on board' soon....and has developed strong relationships with those who matter.
Lets not forget that if theres $ to be made then URA should be able to get them...in this climate...especially when we are talking about the Czech operation with its history of production.
And the placement?
At 90 cents its given us a bit of a support. Not fussed about it....lets see what THE DEALS do to the share price eh?
3 million in cash is sound....more on way with SPP.
Certainly will need some serious $ though. I think URA is up to the challenge. Management excellent. Contacts even better.
Theres several imminent announcements and all shareholder friendly.
And yes Satori we know they are 'cheap' and a 'bargain' etc.
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