Martin - My view is that they are entering because Manganese demand is growing - BHP talked alot about it recently - More companies entering means URA are onto a winner before everyone else and could be prime for takeover eventually if there resources are good.
Secondly it will take new companies a long time to prove up resources and get said resources onto the free market - in which case URA have jumped the queue significantly, so price should remain high for years to come.
Cheers
URA Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
