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Uranium, a Raging Bull

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YOUNG_TRADER said:
Mate I'd much rather send it over to India than IRAN!!!!!
Also just because Iran signed the MPT do they allow inspectors into their reactors? ? ?
Click to expand...
YT, To IRAN? no way, Jose!

Do you see this picture?

India just made nuclear bombs. A few of them is just enough to deal with Pakisitan. How about China? So India need expand its nuclear capability, that is for sure. If you export uranium to India, how can you be sure that it is not for making bombs?

As a developing country, India is willing to do anything to make a few bucks by selling any technology. They can sell the India accent to you and me, why not nuclear staff to somebody else?

NPT is a MUST!

In Iran case, NPT does have an impact. UN can sanction Iran. Israel and US can use the NPT violation as excuse to attack Iran anytime soon.

On the other hand, What is wrong for India to sign NPT? Just sign the damn thing, you can have uranium from us.
 
Re: BMN - Bannerman Resources

I have to wonder whether QLD really does have any quality mines, apart from Valhalla. The resource est's released by SMM indicate small 3-5million pound resources do exist and are scattered. But nothing to indicate another Valhalla which could be a one off. There is nothing to indicate a sizeable QLD uranium industry.
 
SOUTH Australia's delegates to the national ALP conference next month are split down the middle on uranium.

It is understood 17 will vote in favour of overturning Labor's existing "no new mines" policy, while 17 will vote to keep the ban, in defiance of Federal Opposition Leader Kevin Rudd and Premier Mike Rann's position. The split echoes Labor's factional division.
In 1985 a ban on new mines was introduced, allowing Roxby Downs to go ahead but preventing more mines being developed. There are concerns that if the ban is overturned at the conference - as it is widely expected to be - it will allow unlimited uranium mining in Australia.

Energy Minister Patrick Conlon revealed in The Advertiser this month he supported the export of uranium to China for environmental reasons, and Deputy Premier Kevin Foley firmly supports the Premier's stance that the ban should be scrapped.

Mr Rann has previously called the ban on new mines "illogical".

"We are on the edge of a mining boom in South Australia," he said.

"(The policy) is currently illogical and needs to be sorted out at the national conference in April."
 

Link for this news YT? So I can check it out thanks...
 
Did anyone see the news tonight where S.A premier Mike Rann was talking up the uranium industry in S.A while in Chile visiting BHPs new mine.I could have sworn he said theres a new dicovery as big as Honeymoon of very high grade uranium.He said it was one of the neighbouring landholders.Anyone got any idea which company is sitting on this.
 

MTN's Mount Gee
 
----------------------------------------------------------------------------Steve Johnstone is a AGS head honcho--

At the pay dirt conference Steve Johnston was inferring through the use of a power point presentation that the resource was between that of era's ranger deposit of 43900 t and bhp's yeeralie in wa of 52000t . Many analysts from singapore and hong kong to name a few were very impressed with the company.

There is gunna be a whole lot of buying going on.
 
Beattie surprised by 'confusion' on uranium position

Queensland Premier Peter beattie says he has not changed his position on uranium mining.

"In terms of how I will vote at the national conference to change the existing, limited number of mines that exist in Australia - I will vote with Kevin Rudd to change that," he said.

http://www.abc.net.au/news/newsitems/200704/s1886860.htm

he adds,

"However, if that is not a nationally binding policy on the states, then we will maintain our current position."

but Labor's decision at the national conference is binding on all states, including Queensland and WA.

IMO it`s a done deal . . . 3 mines will be scrapped
 

looking at this map http://www.sea-us.org.au/images/maps/fromeuran.jpg which may be dated the closest is Oban (CUY) and Mt Vic / Crocker Well (PNN), also Radium Hill where HAV has some land. Not sure if theres anything at Lake Namba/Benagarie?

The market would appear to be tipping CUY (from 95 to 140 last week) - HAV own 50% of this as well as lots of land in the Curnamona area

Beverley and AGS/MTN are further afield
 
Thanks 56gsa. He,s keen to expand uranium mining in S.A and not sure if that was a tactical slip of the tongue.Will watch those stocks this morning.
 
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