thanks tgwm. Metex has definitely taken a leading role in the commercialisation of the UCG sector. CSIRO jv and Dr Ciff Mallet on board has changed this companies shape and direction from being an explorer in Uranium and Gold. Interesting to find out what they will do with these other assets. They have a number of excellent Uranium tenements, 18 granted that have a total area of 5,413 km2 in Western Australia, South Australia, Queensland and the Northern Territory. As well as 852,350 ounces of gold. I'm a firm believer that MEE has what it takes to compete with Linc Energy in the UCG sector. Being the world's first oxygen-injected UCG plant, shouldn't be taken lightly.
MEE Price at posting:
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