DJ1, Emerald01 FTE finished 12.3 cents AUD in London last night. Could this be Stephen Dattels looking for a place to put his soon to be windfall from the T/O of EXT??? Dattels has a JV with Areva and FTE are in bed with Areva. He would have knowledge of what is going on inside FTE I am sure. A substantial holder notice must be imminent as volume has been very high recently in this previously illiquid stock. We should know very soon. If Dattels has been buying then hang on for the ride. Economic wisdom is now twlling us to be long in Uranium as the supply side of the equation tightens in 2H 09.
FTE Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held