no bright spots likely in the short term for u

The weaker uranium price and Toro Energy pulling out of the Napperby Project has pulled UXA down further.
Cash needs to be conserved with Myroodah and Yambla exploration going ahead in the second half of 2010.
Henry has blown a black cloud over the whole mining sector and UXA has suffered likewise - excluding some in the gold mining sector.

The gamble on uranium projects looks less rosey now, unless the uranium price recovers and the Henry tax proposals are watered down.

Looking cheap are UXA, but that doesn't mean they wont continue lower.