nova energy synergies

The Nova calcrete uranium deposits are very close to Redports Lake Maitland making the probability of JV down the track for one mill to feed from the different sources highly likely. The uranium industry needs to see much more rationalisation going forward if dirt to dollars is to realistically occur. Nova is the most exciting of WA prospects because of its shallow depth to mineralised uranium (2-3 metres) that is available to punters. Yeelerie is tied to BHP and Kintyre to Rio.