a broker report has a strong buy, page-4

unless i am mistaken Unless I'm mistaken, the drilling at Punt Hill, (I think it is) where MOX is following up on a spectacular aerial magnetic survey anomaly (am I correct?), it is therefore a reasonable assumption by MOX, presumeably reinforced by the local geology, to be (if I'm correct) a probable site for Uranium to have been deposited by sedimentary processes. Similar to elsewhere in South Australia.

Ok, if that's all correct, then the drilling in (what?) 2 weeks or so may well find uranium.

So, my question is, if anyone can fly over the land and do magnetic surveys, surely someone else, like the big players would have already known about the spectacular Punt Hill anomaly?

If so, then why doesn't the likes of ERA already own the exploration lease?

Or are we not allowed to do aerial survey's without an E.L.?

Then it is a gamble MOX will find the right stuff?