im still online as well sasha. watching this space very carefully...
positive M&A activity last few weeks:
- take over of extract resources expected to be announced
- paladin resources also on takeover alert
- hanlong reiterating its takeover bid from bannerman
Three of our nearest neighbours in namibia! thus reinforcing namibias place as a premier uranium mining jurisdiction....
we will hopefully receive an update from the company soon in respect of the latest sampling at mile 72, which should make for interesting reading.
further positive results from channel sampling demonstrating the existence of uraniferous schist and alaskite bedrock will extend the potential depth of uranium mineralisation from a few metres from surface to potentially hundreds of meters. while further testing of the high grade gypcrete layer will potentially increase the aerial extent of the high grade uranium mineralisation at surface...
similarly, radon cups and more renching north of kudu will hopefully identify further uranium mineralisation and the existence of additional paleochannels at mile 72 which the last few company announcements seem to postulate.
looking forward to it!
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