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end game?

  1. xig
    6 Posts.
    ‘History is more or less bunk’ – Henry Ford

    ‘Those who cannot remember the past are condemned to repeat it’ – George Santayana



    In 2007 Uramin cleared their Niger assets from their books and sold the rest of the company to Areva:

    04 Jun, 2007 UraMin Inc (UMN). Joint Venture http://www.investegate.co.uk/Article.aspx?id=200706041400046986X

    11 Jun, 2007 UraMin Inc (UMN). Potential Sale Update http://www.investegate.co.uk/Article.aspx?id=200706111446391396Y

    15 Jun, 2007 UraMin Inc (UMN). Re: Cash Offer http://www.investegate.co.uk/Article.aspx?id=200706151416534642Y



    Today, Kalahari released:

    05 Oct, 2009 PRN Kalahari Minerals PLC (KAH). Agreement with North River ... http://www.investegate.co.uk/Article.aspx?id=20091005120957P1E32



    Areva and the Russians are talking in Namibia next week about joint projects:

    http://www.reuters.com/article/rbssConsumerElectronics/idUSLA19905720090910

    Russians and Cameco are talking on possible mining joint ventures in Africa and Australia:

    http://uk.reuters.com/article/idUKL139513420091001

    I wonder what they're all talking about?



    Having spent some time reviewing Uramin’s and Kalahari’s RNS, I find it curious that Kalahari are taking the opportunity to put their Copper and Gold assets at arm’s length into North River. At the same time:

    "Mark Hohnen, Executive Chairman of Kalahari, and Professor Glyn Tonge, non-executive director of Kalahari, will join the board of directors of North River (`the Board') as Chairman and non-executive director respectively."
 
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