article on mega in wa

The following are text from The West Australian newspaper business section on page 84. It sounds very promising for SIM.


Mega Uranium to buy.

Canadian-based Mega Uranium is sitting on a $112 million war chest for potential acquisitions, with Australian companies likely to be high on the shopping list. Mega Uranium director Tony Grey said Australia was the best place in th world to explore for uranium and his company had money and was keen to build on its portfolio. "I consider that Australia is still the best place in the world for uranium exploration," he told delegates at a conference in Perth yesterday.