Great post. Exactly what I think, looking at Wiluna specifically...

Great post. Exactly what I think, looking at Wiluna specifically its 62.8m pounds at 200ppm U308 and shallow open pit to 15m.

In response to Sparkos the Finance option was Japan Australia Uranium Resource Development Co. (3 utilities) and ITOCHU have the right to acquire 35% interest in Lake Maitland only for US$39.6 million.



I feel if something is underway in T/O space the most logical contender is Cameco. Big boys making big plays. The Yeelirrie deposit is the largest closest to Wiluna and was acquired by Cameco in 2012 for US $430 million. As little as 2 years ago they stated they were still very committed to the project.

Cameco Corp still set on WA uranium mine, despite government knockback, Indigenous opposition - ABC News

There was a flood of green for Overseas uranium stocks on friday, Cameco was up 8% to C$26Bn
List of Uranium Mining Stocks - Junior Mining Network

Though some have suggested DYL I just don't feel it's a relevant location wise to Mulga Rock.