SMM somerset minerals limited

Yeah, when Areva bought into NTU (mainly WA dirt) I wondered...

  1. 388 Posts.
    Yeah, when Areva bought into NTU (mainly WA dirt) I wondered why, and decided that the French knew something about the old prospects. But now they've bought into Qld as well (which is also run by ostriches), so I reckon their strategy is veeeeeery long term. They're rushing round earmarking as much U as possible - because one day it will simply HAVE to be dug up.

    Too long term for me, though. If Areva had bought into an SA or NT co., the sp would have jumped 60%, not 12%. Look at URA: up 38% because of a Broker's report, and they're in the double dodgy dirt of the Eastern Bloc!

    Rant over.
 
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