china might have to invest in nt u explorers, page-2

Northern Territory
General
China National Nuclear Corp. interested in Northern Territory uranium deposits
China National Nuclear Corporation (CNNC) has applied for registration as a foreign company in Australia. It wants to exploit the Angela and Pamela deposits, which are just outside Alice Springs and are believed to hold more than 10,000 tonnes of uranium. The NT Government will make a decision on the leases next year. According to CNNC's consultant, the company would consider developing mining operations, as well as exploration. (Northern Territory News 30 Dec. 2006)

The Hardman report wrote that THR would not operate U mining itself.

It looks like that THR would sell Hale Energy somewhen somehow.

The better the results are the more money THR gets for its mining operations