As per my previous posting last week...1. 8th largest...

As per my previous posting last week...

1. 8th largest undeveloped u308 mine worldwide
2. Potential 50 yr mine iife at 5mlbs of u308
3. Shallow with low capex
4. Existing infrastructure yada yada yada
5. Supply demand shortfall 2013

Entirely possible to get a low ball offer like BMN over 60cents... Especially considering there are less shares on issue...

Strategically if you where building a large number of reactors... You would want to make sure that they could be adequately fuelled for 20yrs plus ... Who spends billions of dollars on reactors without tieing up the neccessary fuel to power them...

Rest assured that the big U308 JORC's will be highly desired as a cornerstone investment to ensure long term u308 reactors have long term reserves to justify there very very high cost of construction...

Take your pick of any of the top 10 undeveloped u308 resources....... All will deliver the same result as ACB IMO...

Im currently adding numerous large undeveloped U308 holdings to my smsf...