EGM (MKY aquisition of Queensland Uranium Pty Ltd and Consolidated Exploration NQ Pty Ltd Shareholder Vote and advice of consequent name change to Queensland Uranium Ltd) next Wednesday .............. fully expect MKY to go ballistic immediately after, if approval and exploration results from EPM 14315 not announced prior. I am sure Allan Blood will reveal all behind closed doors (if the last two tenements have still not been approved via Queensland Mines Department) and fully expect to be blown away by 'significant and high grade' result/results via this latest 'potentially outstanding' Queensland Uranium discovery.
Would also expect him to advise of 'possible' Joint Venture discussions and progress with Chinese and/or Japanese consortium/s, and also advise of imminent exploration trench sample/shallow drilling programme on the MKY tenements.
It's important to note that those overseas discussions/meetings took place well before Peter Beattie's backflip, and consequent support now for the opening up of Uranium Mining in Queensland. Would think that announcement would have sped things up immensely, and allow for an early decision on the road ahead, and in what form etc.
I fully remember buying AGS shares @ $0.11c in an earlier renounceable rights issue, and they only have 25% holding of the Beverley 4 Mile Project ......... food for thought!
Bottom line - Expect the Unexpected in a highly positive way with MKY/Queensland Uranium Ltd very, very soon.
wrxsti
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