Just read a report about Nova Energy how they have 9000t of U in W.A. and is jorc compliant from drilling done in the 1970's. Sound familar to AEX? The thing is W.A. doesn't allow uranium mining where as South Africa does, also the Nova market Cap is 91 million and Aex is only 20 odd million. Also says the chinese would be more likely to want Uranium that is more advanced rather than the grass roots type companies. Whats to say some one hasn't got a close eye on AEX, could be a take over play down the track?? All the more reason imo that aex will be re-rated soon, food for thought hey.
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
