Mephisto... the big question that always burned for me was why immediately after the "sale" of its U308 assets to PEN, did PMH almost immediately start casing and acquiring U308 assets in the states - now they have acquired a 'near production lease', are fast tracking drilling, and have a 'conceptual lignate uranium-moly processing plant'. Been a bit of work gone into this.
As the major holder of PEN, PMH also has exposure to PEN's rapid forward U308 moves in the States too (check out what our partners had to announce this morning)... worth watching this space methinks....
Timing for US U308 production is rife... strategically an excellent move IMO.
:) Donna
uranium deal, page-9
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