NRX 5.26% 1.8¢ noronex limited

Ann: Noronex Exercises Option on Uranium License Renewal, page-3

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  1. 2,620 Posts.
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    Agree

    Announcements all in a short period . One more to come in the next 24 hours. Be interesting .

    Finally an update on the Uranium project. Going ahead.

    No value placed on any project here. IMO

    Further assessment and due diligence have been undertaken by Noronex on EPL 6776 (agreement enteredinto in March this year1) while the Environmental Clearance Certificate (ECC), which allows ground-basedexploration including drilling to be undertaken, is at an advanced stage.

    Timing of the ECC process is dependent on feedback from the National Park where the claims are based(as are a number of significant uranium mines in Namibia including Etango) and approval by regulatoryauthorities.

    IMO
 
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