Two reasons why this stock is going to fly apart from zinc.(1)...

Two reasons why this stock is going to fly apart from zinc.

(1) Sampling of the calcretes generated results of up to 2819 ppm (0.282%) U3O8.
A 42 square kilometre palaeochannel system with a strike length of 11 kilometres has been identified at Mile 72.
Eight calcrete samples were collected along 8 kilometres of the 11-kilometre strike length within the palaeochannel. Six of these samples returned ore-grade results of over 300 ppm (0.03%) U3O8.
Aggressive sampling is scheduled to start immediately.

(2) Look at the last report on Sherlock Bay 29 Jan 07

METALS AUSTRALIA OBTAINS 30% FREE CARRIED INTEREST OVER THE SHERLOCK BAY EXTENDED PROJECT.
The Sherlock Bay Extended project consists of three exploration licences, E 47/1226, 1227 & 1251 that cover more than 470 km2 and surround Australasian’s Sherlock Bay Nickel project
The Sherlock bay Nickel project has a current resource in excess of 100,000 tonnes of contained nickel metal, with an in-ground value of more than $4 billion, at current nickel prices.