Who knows. We can only speculate on possible buyers.What we do...

Who knows. We can only speculate on possible buyers.

What we do know is that:

Cameco are looking at African acquisitions.
Uranium One are looking at Africa and Namibia in particular.
Russia intend to spend big bucks in Namibia this year.
China and Korea are gobbling up all they can.
And Areva is currently in the process of raising billions to finance exploration, acquisition and production.

And all the while, the Marenica deposit is growing.
And fast.

I posted some research here a while back that suggests our ore may have more in common with Paladin's L.Heinrich. If scoping shows that to be the case, then we may go down the same route. And who knows, Uranium One may see something that interests them.

Even if our rapidly improving resource is not currently being reflected in the SP ... it will be when a buyer comes knocking.

And they will.

Namibia is A1 territory. Politically sound. Conducive to mining operations.
We are establishing a world class deposit.
We have infrastructure on our doorstep.

The greatest enemy to turning a profit here is patience.
And in this sector, in these times, and while it may be temporarily painful ... you've got to be patient.

I only wish I had more funds to add at these prices.
Bitter irony that I've done more research on this investment, and invested more in it, than anything I have ever held ... and yet I'm 25% underwater.

Wider market hasn't helped.

Very jealous of any Johnny-come-latelies who can grab a chunky stake at current SP.