Ponton Uranium Project, page-12

In all likelihood this is never going anywhere.

The two company tenements (and a couple of others) sit on a "strict nature reserve" (IUCN Category 1a), which is the highest category for protection and conservation. It's the "Queen Victoria Spring Nature Reserve". It's legislated and I understand it would need parliamentary approval to amend legislation to even allow exploration.

That's on top of the WA U ban.



The application tenement has been in since 2014 - that probably tells you all you need to know. Couple of other companies have applications in the Nature Reserve too, with many others having come and gone.

An earlier announcement - https://hotcopper.com.au/threads/ann-ponton-uranium-project.7327000/

Mulga Rock is a totally different scenario - they have permission to mine (no longer being given out) and they don't sit in a Nature Reserve.