The THX story is still in the very early stages of being worked out by the market. The short term key will be further results on their high grade uranium deposit. This will provide some longer term ongoing interest to the market as all this unfolds. We need to see extensions and scope for scale here. They own about 20m UMC shares and that will also add value as the Chinese deal closes off with FIRB approval. THX does not seem to need cash and is well run. I am very grateful that the uranium is in the NT and we know this means .IT CAN BE MINED down the track. This stock has a very interesting few months ahead of it and i have decided to just sit tight and see what happens. THX may well become a momentum play if we see excellent ongoing results. please dyor.
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