You can imagine the interest if the Nyota prospect was in Australia! You can also imagine the years (if ever) approval would take to actually start mining here. I just can't understand why the market gets so excited about any hint of uranium in Australia when the chances of actually digging it out of the ground here are so slim. Surely investors are better off looking at prospects in countries that actually encourage mining. That said, I confess that my knowledge of the uranium mining approval process in Tanzania is pretty basic.
MRU Price at posting:
$4.70 Sentiment: Hold Disclosure: Held
