http://www.smh.com.au/news/business/canadians-bid-197m-for-uranium-debutante/2006/01/11/1136956241911.html
..."Under the Mega offer, Hindmarsh shareholders will be offered 100 Mega shares for every 694 Hindmarsh shares. Option holders will also participate. The offer values the group's shares at 78c each based on Mega's closing price on Monday
Hindmarsh directors said they would recommend shareholders accept the bid."....
So, what for SAU here ? hummmm HMR still own some SAU's so if they are bought out will the sell it off ?
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Will Australia go ahead with URANIUM ? the $$$$$ question....
Six nations convene on Kyoto alternative
SYDNEY, Jan. 11 (UPI) -- Officials from six countries that question the Kyoto protocol on global warming convened in Sydney, Australia, Wednesday to create a different set of standards.
The meeting on the Asia-Pacific Partnership on Clean Development and Climate involves Australia, China, India, Japan, South Korea and the United States.
Australia and the United States withdrew from the 1997 Kyoto Protocol, saying that meeting the commitments on greenhouse gas reductions that they agreed to would damage their economies. While Japan officially remains committed to its Kyoto target, it has a foot in both camps, the BBC reported.
The partnership involves four of the world's top five coal-producing countries.
The meeting has about 400 delegates from the six governments, public sector energy bodies and private industry.
A statement from Climate Action Network Australia, a coalition of environmental groups, said the project was doomed.
"Voluntary agreements have been tried before and have failed to affect significant change," the statement said. "Without targets, timetables nor market-based incentives to encourage the deployment of already developed clean energy technologies, the Asia-Pacific partnership is an empty and meaningless shell that will not help us avoid dangerous climate change."
Copyright 2006 by United Press International. All Rights Reserved
http://www.sciencedaily.com/upi/?feed=TopNews&article=UPI-1-20060111-13315100-bc-australia-globalwarming.xml
COME ON U DOG - SAU STOCK, RISE TO GOOD LEVELS SO LOT"S OF US CAN TAKE SOME GOOD PROFITS AND GET OUT OF THIS HOLE ! THEN I MIGHT EVEN PURCHASE A MANAGEMENT COURSE FOR THE SAU BOYZ .....hehehehe LMFAO !
HMR
hindmarsh resources limited
