MLS 0.00% 2.1¢ metals australia ltd

unranium in alaskites at depth, page-57

  1. 130 Posts.
    I will check about the number of times an EPL can be renewed in Namibia.

    It could well be more than once but I doubt if its unlimted (ie multiple) times. Also the area is usually reduced on renewal.

    Another point to bear in mind is that state-owned Epangelo Mining is allocated first rights on licences for "strategic minerals" now- which include uranium.

    The government has clarified that this proviso does not extend to existing valid exploration licences or conversion of these to mining licences and I doubt there would be a problem on a first renewal.

    But after that? I suspect Metals may find it advisable to bring in Epangelo as a minority partner at some stage- Depp yellow has cut it in (to a less prospective part of its licence area).
 
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $15.27M
Open High Low Value Volume
2.1¢ 2.1¢ 2.1¢ $26.14K 1.245M

Buyers (Bids)

No. Vol. Price($)
4 773105 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 2950 1
View Market Depth
Last trade - 15.42pm 04/09/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.