Well, the heat is on to get all states to allow it, from plenty of directions, including the national Labor Party. It won't happen for a while if it does get allowed, but in the meantime, the Chinese are looking around and getting in while it is still cheap, and sitting on it. So there is plenty of interest in WA while it is still comparatively cheap. The Canadians did it to Redport recently too as another example. Yellow Rock's Nowthanna deposit is proven up already, so would be attractive to others.
In addition, YRR will get the controlling stake in Australian Uranium, an unlisted company, which has land in Money Shoal and Douglas Range, guess where- in the NT. They are highly prospective, and have had drilling done yonks back, in the 60's, which showed very good results. These will be drilled as soon as possible after the transaction is complete.
I hope this helps a bit- must run! Cheers.
- Forums
- ASX - By Stock
- GPN
- i have a query regarding yrr
GPN
greater pacific gold limited
i have a query regarding yrr, page-3
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GPN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online