re: Ann: Letter of Intent to Acquire the Hans... Fair call...

re: Ann: Letter of Intent to Acquire the Hans... Fair call bello. Yes there was always going to be some dillution. I just hope it is at higher prices.

But to be honest with you - 90m lbs of uranium means jack shite if they are unable to get it out of the ground. And I think that we are going to either have problems with that, a long drawn our process, or a extremely highly regulated process, that makes the project nearly unfeasible due to higher costs.

Anyway just my view. Still think it is great for an exploration company with inground value etc. Just will be interesting to see how it plays out long-term.

Paladin - not even thinking about that. I really don't think they would be silly enough to move until at least a BFS is done, or even mining approval has been received. Too much risk at the moment based on the history of the area and uranium related problems that they've had!