macrae http://www.korabresources.com.au/projects.h

i have been waiting for this ipo for a while, a few days left to apply, an old mate told me about the Rum Jungle apparently is a LOT of U and was hushed up for an ipo, thats why i got in cuy ipo thought it would be same sort of thing, maybe a drill in best location said it all, i think directors knew was hot
worth a big note, the big boys are behind this one have a look!!! nice to know also.

http://www.korabresources.com.au/projects.html

Batchelor (NT)
At Batchelor we have secured through a joint venture (Korab earning 60%) a tenement position that covers the same stratigraphic horizon that hosts a number of nearby uranium, polymetallic and gold mines and resources, including the Woodcutters and Rum Jungle (U) mines. Previous exploration within the Batchelor tenements has not adequately explored this horizon, hindered in part by alluvial cover and a recent focus on magnesium as an exploration target. We have already developed a number of advanced uranium and gold targets that we expect to drill test in the near term