CMR compass resources limited

re: uranium policy-elections tomorrow U r a moderating influence...

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    re: uranium policy-elections tomorrow U r a moderating influence Laser. Uranium has been labelled "green" by the international greenies and recent US poll shows 69% for vote for new nukes. But it may well take some time to start "political" U-production whilst meanwhile earning a buck a share from oxides (4 years at browns proper for starters) before switch of plant to mellow-yellow ...and whilst meanwhile defining another Ranger or Coronation Hill.

    Reckon once CMR are a PRODUCER located where they are, the NT government will be screaming for them to produce yellowcake for many reasons inc maybe environmental. And who knows, U-policy may well end up being a FED issue with States having no say ...thought about that? If GWB "asks" Johnny for some cake, Johnny will no doubt oblige.

    Btw has anyone figured out how much LEAD will be needed in the 100 or so planned nuke stations coming up? Interesting thought considering LEAD is at critical stockpile levels atm .... one ship sinking would wipe out the LME stock ....and IMO will soon pass the zinc price on its way to much higher. There are many possies open here.

    Also consider Olympic Dam is producing byproduct U at 0.5 lb / tonne from memory. Our 3 mines last produced at av 6 -8 lbs /tonne and ready to go with politics once oxides infrastructure is in place. reckon it would be environmentally preferred to handle higher grade / lessor tonnage ore (IMO). Reckon this is gonna be a bigger story than Ben Hur before it is finished and now it is only just evolving.

    Nice to see Menalaus bringing in reinforcements. He last picked up 500K at 52 on first wave up. Now looks to be the mystery buyer still exposed at 65, now that the last bit of news is out, and seemingly in a hurry before the drill results start coming in. No better for mine than when our leaders lead by example.

    Looks like our 65 pivot is now the launch base. 73 - 83 for now. "Rome is being built brick by brick and with each brick laid, means one less brick left in the available stockpile of unlaid bricks". CMRs ORM philosophy and mission statement now Olympians.
 
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