mmi technology

http://www.geochem.sgs.com/mmi-process.htm
Good website on MMI Technology.
Very accurate and proven tecnology in finding deposits.
Over the next month we would hope to have numerous exciting drill targets to follow up.

As we know, Uranium mineralisation with uranium hits of up to 980 ppm were found by BHP in the 1980's around the Mt. Mansbridge deposit.

It is interesting to note that MMI Technology did not commence until the early 1990's.

The next few months will hopefully be very exciting.
Share Register relatively tight as top 50 holding approximately 79%.

On any minimal success in the field, I would expect some of Joseph's followers to take a decent position in the Company as they have in some of his other companies.
Refer LGDI in the U.S. and NAD on the ASX.

On any success in the field you would expect this stock to be trading at multiples of the current level. Now that they are on the land, the downside risk is very minimal.
Reward/risk ratio is verg good at these levels.

Any talk of capital raisinga at current levels is premature because Joseph in the past has provided funds to his companies for any drilling programs. I would not be concerned with the current Bank balance of $ 1 million.