The value added to the Company during this period has justified the long commitment to the region and the Company is on the cusp of establishing a significant in-situ leach uranium camp. Following the recent drilling the resource at Bennet Well is being up-graded. Results of this work are expected in the first quarter of 2013. The recent exploration at Yanrey has resulted in the re-interpretation of the target model. It is expected that this work will also result in a review of the Exploration Target for the Yanrey Project.
The above is an extract of CXU quarterly report. So looks like good news on uranium resource & target upgrade is coming. Someone is till capping & accumualting.
CXU Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)