marenicas update, page-2

"2010 (March/April) WME wants to start the exploration
of the third most southerly dome,which is the one directly north of Arevas Trekkoppje.
Managment assumes that Trekkoppjes uranium could have
been washed out from this dome,which makes it the most thrilling one to explore"

This is from one of the older reports pre name change. Who ever finds the source of Trekkoppes U3O8 is on a big ticket item.

Then this from
http://www.marenicaenergy.com.au/investors/research_pdfs/090713_hansonwesthouse.pdf

"Areva is building 11 of the 41 new plants under construction or planned in Europe and has built over 100 reactors to date. As Areva not only builds nuclear plants but also supplies uranium and disposes of the nuclear waste, it will have acquire more uranium to keep pace with the rapid expansion in demand for its revolutionary power reactors (EPR). Marenica could provide additional resources to Arevas existing Trekkopje project due to enter production next year"

We know that Areva have cut ties with Berkley. No more supply from them. The Trekkoppe mine life is a mear 12 years. They need more U who better than to get it from.

DYOR but anyone can add 2 + 2. I think.

Lastly from the above link again
"we see clear synergies between WME and Areva at Trekkopje. At a price of US$5.9 per lb, WME would be valued at A$208.36m or A$0.57 per share"

I have held for years in anticipation of this and will continue to do so.