What UEQ needs imo is a deposit that is already substantially...

What UEQ needs imo is a deposit that is already substantially drilled out.

Whether it is Mulga Rock or the Angela/Pamela deposits it is clear that while UEQ have investment in processing technology covered, as well as a large number of early stage potential discoveries they need something in the middle that they can develop while the other newer discoveries are being drilled out.

I read the Mulga Rock case last night and am not holding my breath on getting a favourable result there; of course it is possible but probably unlikely, well worth a try in any case given the reward if UEQ win.

Apparently the Angela/Pamela tenements will be awarded in early 08. If UEQ were to get these she would turn into a multi-bagger overnight imo.