The way I look at it Buck is the nearology of Mt Coffin to have Roxby Downs/Olympic Dam and now Lake Frome which is not that far away this area is alive with U308 SA is the place to be as the govt is proactive in all energy resources not wishy washy like other states "Monday, South Australias Premier Mike Rann announced that his government had approved a uranium project run by a small exploration and development company Heathgate Resources at Beverley North in the Lake Frome area". Currently, South Australia is host to three uranium projects under way; The Labor Govt"s liberal(had to put that pun in) view on U308 is very exciting as we can now commence supplying uranium to fuel Russias power reactors following the exchange of ratification notes by the Australian Prime Minister Julia Gillard and Russian President Dmitry Medvedev formalizing a bilateral nuclear cooperation agreement.
RMG Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held