UKL uranium king limited

Morning Tibbs,UKL definately looking the goods.They must be...

  1. 6,316 Posts.
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    Morning Tibbs,

    UKL definately looking the goods.

    They must be close to announcing their results.

    The scoping study for Apex - Lowboy was due to be completed around February. They are targeting for 2miln pounds of mineable ore.

    When you get a chance have a read again of the Geologist report attached to the prospectus.
    I read through it a couple of times. The Apex-Lowboy looks to be an extremely viable operation even though it is small in comparison to Rio Puerco.

    The Apex - Lowboy from what I have read will be the first producing Uranium by end of next year 2008.

    The Geologist goes into a fair bit of detail and seems to have extremely favourable opinions about Apex - Lowboy.

    Just on a side note, when you read through the prospectus and also the most recent presentations, it appears to have some conflict regarding determining at what category of Jorc each Mine is at. It appears that the Geologist has made the point that the US and Aus base the Jorc on differing standards.

    Is that correct or am i reading that wrong?


    Give Dodo a ring and see if they can get your Browser working properly.

    1.29 intra-day high. Not bad at all on no news as yet.
    Buyers coming in all the time.

    This has been my best performer.
    Come on AGS, your dragging the chain. LOL!!

    Cheers markco2

 
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