The AGM was positive
Simon stated that CXU previously tried to ask Paladin for a JV for the Yanrey project which they refused, Paladin now regret that, the board had a cheeky smile.
Also stated that Paladin has asked to explore on CXU land to see the extention of the uranium deposit.
He also mentioned the uranium is believed to runs North-South instead of East-West.
If the Uranium runs North-South CXU is sitting on something huge, with Paladin asking to explore the land could create possible interest of JV/partner.
Check out below link!!!
http://www.cauldronenergy.com.au/images/project%20maps/SC0070A_jan2009.JPG
Also
-QLD government approval for Uranium mining
-Gillard and Indian agreement for uranium
-Japan Government has no change to Uranium policy
-Singapore Government taking 5% stake in Paladin
Uranium is heating up and CXU is highly undervalued!!!
Yanrey Project is "COMPANY MAKING"
AND THEN THERE IS MARREE BASE METAL PROJECT "GAME CHANGING"
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