UTO 0.00% 4.5¢ u308 limited

UTOMarket Cap 13.7millCash $1.5million ANN expected this week...

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    UTO

    Market Cap 13.7mill

    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

    ARC004 17-20 metres 3m @ 702 ppm U3O8, 1660 ppm V2O5
    1m @ 1580 ppm U3O8, 2517 ppm V2O5
    ARC005 39-40 metres 1m @ 1627 ppm U3O8, 1707 ppm V2O5
    87-92 metres 5m @ 708 ppm U3O8, 680 ppm V2O5
    2m @ 1421 ppm U3O8, 1071 ppm V2O5
    ARC010 21-22 metres 1m @ 1545 ppm U3O8, 1612 ppm V2O5


    Price moving ANNs to come

    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
 
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