Interesting article hear it will be 3 weeks since outcome of court case right to appeal runs out in about a week and a few days not that there will be one from what i have read.
Focus on uranium
URANIUM deposits discovered in Western Australia are back in focus since BHP Billiton (BHP) pressed the green button on the large Yeelirrie deposit. As our online The Dirt column pointed out on Friday, this and Cameco's Kintyre project will render irrelevant many low-grade projects that were the basis for junior floats back in the heady days of 2007.
Foster Stockbroking has put a "buy" on Energy & Minerals Australia (EMA), which has the Mulga Rock project east of Kalgoorlie. Discovered by the Japanese in 1979, it has a historic resource of 46,500 tonnes of uranium. The people at Fosters like the fact EMA's three deposits are within 20km of each other. EMA closed at 32.5c on Friday. Fosters puts a price target at $1.
VMY Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held
