SMM 0.00% 0.4¢ somerset minerals limited

StolliIn PDN's offer: "Paladin notes the recent public comments...

  1. 2,572 Posts.
    Stolli
    In PDN's offer:

    "Paladin notes the recent public comments by Summit suggesting that it will commence uranium production by early to mid 2010 (assuming the Queensland State
    Government reverses its policy stance so as to permit uranium mining in that State). Paladin's view, based on its own development experience and understanding of the likely development process in Queensland should uranium mining be allowed, is that a target of production commencing in or after 2012 is a more realistic expectation. "

    & yes they would say that just as SMM would say it will be sooner.

    FedExpress - "bfs/approvals end of yr" just an EIS would take at least that long
 
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