daytrades november 23 morning ..., page-4

UTO

Market Cap 13.7mill

Cash $1.5million
ANN expected this week for finalized sale of $6.2 million
hinkler project
giving total of $7.7million cash position
which is to be focused on REE and Uranium projects

EV a cheap 6million

ANN of multiple high grade Uranium results late yesterday yet to be
realised by market

ARC004 17-20 metres 3m @ 702 ppm U3O8, 1660 ppm V2O5
1m @ 1580 ppm U3O8, 2517 ppm V2O5
ARC005 39-40 metres 1m @ 1627 ppm U3O8, 1707 ppm V2O5
87-92 metres 5m @ 708 ppm U3O8, 680 ppm V2O5
2m @ 1421 ppm U3O8, 1071 ppm V2O5
ARC010 21-22 metres 1m @ 1545 ppm U3O8, 1612 ppm V2O5


Price moving ANNs to come

Sale of Hinkler $6.2million
due to be finalized 25th NOV

Further Ashburton survey of Rare Earth's

previous results:-
rare earth oxide assay results of 11.14%, 3.72%, 1.73% and 1.29% REO (rare earth oxides);
significant uranium results of up to 0.1% U3O8,
rare earth assay results of 2.56%, 3.71%, 10.83% and 11.05% REO (rare earth oxide).
DUE NOVEMBER

Olary Creek

Iron Ore results:-
rock chip of 53% FE discovered in area already
DUE November

Mad Gap

Significant rock chip sample results returned from Anomaly 1
including grades to 2.06% U3O8

Plenty of cash for next years exploration
means no dilution through CR's
No raisings this year should provide little
resistance to SP movement

good news flow expected

good potential to breakout anyday
as undervalued and under the radar
IMO

DYOR
TURBO