Uranium Africa Limited (UAL) has raised $7,747,999.80 via a...

Uranium Africa Limited (UAL) has raised $7,747,999.80 via a placement of ordinary shares to local and overseas sophisticated investors.
The placement consisted of 129,133,330 shares at A$0.06c per share.

Niiice $7.7m will certainly get things moving.

I wasn't around in the uranium exploration days (got hit hard by Fukishima in another Uranium stock though). For UNX management to have picked themselves up off the floor, conduct a comprehensive industry analysis, bring in new expertise and to head off so successfully in a new direction is truly truly impressive. Again, I take my hat off to Frank P and others that were around at that time.... visionaries!!