Look at the situation in Africa as far as our junior metals...

Look at the situation in Africa as far as our junior metals explorers are concerned. They are falling over each other to acquire uranium projects in Namibia, Niger, Zambia; they are looking for rare earths and phosphates in Angola, zinc in Eritrea, anything in Madagascar; and uranium anywhere.
Some have good connections already: CityView Corporation (Angola) and Sphere Investments (Mauritania), for example, have access to money from the Gulf. Others, like Sundance Resources (iron ore in Cameroon), have projects so alluring that institutions are banging on the door waving cheque books.
Back in the 1990s, the intrepid Australian junior heading off to Africa was getting in on the ground floor. Some companies - think Anvil Mining or Equinox Minerals - were able to grab unloved projects that became company makers