ann...uranium exploration , page-5

Attached is a bit more information re the leases, this territory plus the management/board changes could result in these shares sp moving.

"The uranium licences makes for a very interesting story and could open the
door to a very exciting opportunity. The Dunmarra Basin has not been
explored for uranium in the past. It has been overlooked notwithstanding its
proximity to the south of the McArthur Basin/Pine Creek unconformity which
hosts many rich uranium orebodies. Erosion over millions of years is likely
to have transported uranium in solution to the Dunmarra Basin where it is
hypothesised that is may have been collected by sandstone beds. These beds
are thought to be similar to the sandstone beds in the west of the USA,
that have hosted many uranium mines.

HTM will have to go out there and drill test the targets, but there is
anecdotal evidence already available which give room for optimism, and which
was the reason why HTM agreed to do the deal. Some 30-40 years ago a number
of water bores were drilled. The drillers had a gieger counter with them
which recorded strong results, to depths of approximately 100m. The
geologist that pegged the licences is firmly of the view that he can come
up with intersections of 1000 ppm, which would be rather stunning. It would
open up a new field. The drill results will give us the real answers, in
the later half of this year. In the meantime we can but speculate."

Please note this a highly speculative share and you must DYOR