Cash $1.5million ANN expected this week for finalized sale of $6.2 million hinkler project giving total of $7.7million cash position which is to be focused on REE and Uranium projects
EV a cheap 6million
ANN of multiple high grade Uranium results late yesterday yet to be realised by market
Sale of Hinkler $6.2million due to be finalized 25th NOV
Further Ashburton survey of Rare Earth's
previous results:- rare earth oxide assay results of 11.14%, 3.72%, 1.73% and 1.29% REO (rare earth oxides); significant uranium results of up to 0.1% U3O8, rare earth assay results of 2.56%, 3.71%, 10.83% and 11.05% REO (rare earth oxide). DUE NOVEMBER
Olary Creek
Iron Ore results:- rock chip of 53% FE discovered in area already DUE November
Mad Gap
Significant rock chip sample results returned from Anomaly1 including grades to 2.06% U3O8
Plenty of cash for next years exploration means no dilution through CR's No raisings this year should provide little resistance to SP movement
good news flow expected
good potential to breakout anyday as undervalued and under the radar IMO
DYOR TURBO
UTO Price at posting:
13.0¢ Sentiment: Buy Disclosure: Not Held