WCU 0.00% 23.5¢ white canyon uranium limited

I have lodged a formal complaint with the ASIC though I'm not...

  1. 625 Posts.
    I have lodged a formal complaint with the ASIC though I'm not holding my breath that anything will happen. The basis of my complaint is that the bidder, Dennison, as sellers of a substantial asset of the company (milled uranium)have not advised shareholders of any progress on the sale of this uranium. I have drawn their attention to the ASX announcement dated 25/11/2010 which states that 22,000lbs has already been processes & is expected to be sold in December.

    I'm starting to think that during the sale process Dennisons received a healthy long-term offtake agreement for the WCU ore & have decided they would like it for themselves.
 
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Currently unlisted public company.

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