seeking uranium in africa

read the Quately there seeking other projects, by the sounds of it Uranium is very much on the cards

Part of the quartely below worth reading for hints:

Corporate
Guma Strategic Alliance
The Company has formed a strategic alliance with Guma Resources
(Proprietary) Limited (“Guma Resources”), a subsidiary of Guma Capital
(Proprietary) Limited (“Guma”). The Guma group of companies is a diversified
investment group based in Johannesburg that is black owned and managed. The
Guma group was established in 1997 by successful South African entrepreneur
Robert Matana Gumede.

TAWANA RESOURCES Quarterly Report December 2006
60 Wilson Street VIC 3141
Telephone: +61 (0)3 98635222 Fax +61 (0)3 98635288
www.tawana.com.au
Guma focuses on multi-faceted businesses where it can add value and assist in
their growth potential. In addition to several private investments in diversified
sectors, Guma owns 36.6% of GijimaAST, that is one of South Africa’s largest IT
companies and is listed on the JSE. GijimaAST posted revenues of R1.95 billion
(A$344.4 million) in the last financial year and received 8th place overall in the
Financial Mail/Empowerdex Top 200 Empowerment Companies Survey 2006. In
2005, Robert Gumede, chairman of Guma, was runner up in the South African
Chapter of the World Entrepreneur of the Year.
The strategic alliance provides Tawana with a black-controlled business partner
with the ability to leverage of its sizeable net asset base and introduce resource
projects via its strong networks throughout Africa.
The purpose of the strategic alliance is to combine the exploration and mining
skills of Tawana with the financial, entrepreneurial, accounting and business
skills of Guma to explore for, develop and mine diamond and other mineral
deposits in South Africa, Botswana, Namibia, Mozambique and other countries
as agreed by the parties.
The alliance will comprise two stages. The first will be to identify, assess and
acquire mineral rights to projects deemed to be worthy of progressing. The
second stage will involve the formation of joint ventures on a project by project
basis with the aim to confirm the economic merit of the projects via the
completion of definitive feasibility studies adequate to secure debt financing.
The participation in Stage One will be on a 50:50 basis and thereafter the
participating interests will be dependent on the nature of the specific projects.
Tawana will lead the alliance with Guma’s hands-on involvement.
Tawana’s long standing relationship with Seven Falls will continue on the existing
projects in South Africa and Botswana and will be further strengthened with the
appointment of Seven Falls Chairman, Thabo Makweya (former MEC for
Economic Affairs in the Northern Cape), as CEO of Guma Resources.