Now all of the new shares settled. Finally we got 313,200,837...

Now all of the new shares settled.

Finally we got 313,200,837 shares on issue at MP 3.7c, the MC is $11.6 million now which is much much lower than net asset!!!

1, Cash on hand: $5.5 million.

2, Geoscience Associates Australia Pty Ltd (GAA) & globle exclusive PFN technology right--purchase price $8 million--current fair value $10-15million(Because U3O8 price up 40%)

3,Other assets- coal, U3O8, HREE, Zn&Pb, Cu&Ag

you do the math!


Dome 5 zinc discovery New South Wales.--high grade potential, very close to rail.

Uranium and Rare Earth Elements (REE) exploration projects in Northern Territory ($$$$$$$$ the reason I invest)--where one of world top 500 company JV 49% in.

Uranium & coal Projects in Canning Basin in Western Australia.--where neighbour REY SP soaring recently.

Mudjalla is another exciting new project in UXAs growing project portfolio which contains a large untested radiometric anomaly in a highly prospective area known for its uranium and coal resource potential.

The Canning Coal field basin is located immediately to the east of the Mudjalla project and is currently being drilled by Rey Resources Ltd which has defined a JORC compliant thermal coal resource of 511MT.

Base Metal Projects in Stuart Shelf, South Australia
(where Straits Resources-- SRL will invest $10 million)

GAA Wireline cash flow generating wireline logging business.

HREE result out in Jan 2011.

think about NTU, ORM, TUC, is UXA the next??? no need to bet with UXA, its asset backing already gives you free carried HREE results at 3.7c. plus free carried potential *** million tonnes of coal!

good luck! nice to see SP slash, I want more shares!

2c? wish my dream come true!