Entry for STT List
RGU - FA - Uranium explorer Australia - MC 1.2mil
*Very out-of-favour sector, but an absolutely essential commodity for future energy security.
*Triple-A management (Shane Stone, Ian Murchison, Simon Trevisan)
*Hand-picked scientifically targeted uranium portfolio, ownership of the most prospective uranium exploration projects across all of Australia. Of particular interest is the Paroo Range Project in close proximity to Paladin's Skal deposit (5KM east) and Paladin's Valhalla deposit (15KM east). Spectrometer values up to 1138ppm.
*Cash-backed (over $1 million), low shares on issue, low market cap, Top 20 hold 78% of the stock - including Transcontinental Group.
*Katana Capital has recently become a new substantial holder.
*May be looking at another cash acquisition to supplement uranium after their due diligence with East African Gold fell through.
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