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Thanks BB :)very interesting > hope this will spark some instos...

  1. 2,797 Posts.
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    Thanks BB :)

    very interesting > hope this will spark some instos interest

    big Q > Kepco with RIO ???

    http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20091110/f746a608-cde7-11de-9040-00144f2af8e8/Uranium-juniors-to-consolidate.jsp

    Uranium juniors to consolidate
    Created: 10 November 2009 Written by: Mark Heyhoe


    ......................In Namibia, our favoured jurisdiction, Korean state-run power company Kepco is planning to acquire a mine next year, possibly with Rio Tinto. Extract Resources' Rossing South project is a potential target, being next door to Rio's Rossing mine and with Rio controlling 16 per cent of Extract. This is by no means certain, though, since Kalahari Minerals and Polo Resources also significant shareholders with respective stakes of 41 per cent and 10 per cent..
 
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