If uranium interests you, then Epsilon Energy may be worth a look.( http://www.epsilonenergy.com.au ) The IPO is currently underway although if it's like other U floats it may close early. I was impressed with the extent and potential of their ground and the positive tenor of the report of the idependent geo, Malcolm Castle. Independent geos often hide behind excuses and caveats but Castle seems to genuinely like Epsilon's geological assets.
A quarter of the shares are reserved for Heron shareholders on a first come, first served basis. I expect they would be gone already and I don't hold Heron shares anyway.
I rate Epsilon as highly as NTU but I think the shares won't be as tightly held. I expect something in the order of a 50% premium on listing and a high probability of good news on the exploration front within the first six months.
Opaline
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
