Lachlan09, you're obviously not reading company announcements from UNO's neighbour in the Mulga area, Energy and Minerals Australia (EMA), who've just released a JORC Code Resource estimate of 24,500 tonnes of U308. Splendid News.
That's why I feel that it's positive for UNO, and as for waiting for UNO to lower to 5c, I know people who waited for Alan Eggers Summit price to drop, and they missed the bus big-time! But good luck anyway.
"The Ponton and Ponton North Projects are adjacent to the Mulga Rock deposits and contain known uranium mineralisation in the same palaeochannel system. Exploration work on the Gardner Range Project is focussed on known mineralisation at the Don and Deva uranium prospects and the Venus gold prospect. The Anketell Project consists of a large block of tenements that are currently under application and lie 100km to the north of the large Kintyre uranium deposit".
UNO Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
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