w a qld uranium mine bans under new pressure, page-23

Danube

Define Mounting Risk

The mounting risk is people with a short term focus will be left holding low grade barely economical resource laden stocks when the market is flooded with the high quality, easily extractable, high grade WA and QLD deposits.

Further more when the flood gate opens, which is clearly the intent of the current Federal Govt, investments in highly explored but low yielding states such as SA will appear less attractive. More Uranium is being found in WA than in SA and yet the active exploration is not nearly cranked up yet.

WA and QLD hold the key to uranium supply not only in Australia but potentially the world.

Anyway - each to their own.