EMA has 46,500t U308 at Mulga Rock (with associated nickel and others) at a grade of nearly 1kg/tonne (940ppm), at an open-pittable depth of 38-55m. Kintyre is 36,000 tonnes U308 at 1.4-4.0 kg/tonne U308.Rio Tinto has agreed to sell its Kintyre uranium exploration project (in Western Australia) to Canada Cameco Corp and Mitsubishi Development Pty Ltd for $US495 million ($518.94).
(EMA Website) Associated with the uranium mineralisation, or underlying it, are layers containing significant amounts of oil, nickel and cobalt with possible credits of gold, vanadium, Rare Earth Elements ('REE') and other elements. The full extent of this mineralisation is presently not known.
Interesting indeed. So I believe if that order was a real one, there will be many more bids today. Company may need fund to sustain.Noticed that someone (not me) has a current buy order for 1 million shares at 0.062 which is the current market price.
That's 3 times today's volume so someone's keen.
VMY price down gave me the opportunity reaffirm my intention to tip for April.https://www.asx.com.au/asxpdf/20190321/pdf/443nm279smr644.pdf
This is an encouraging presentation, motivating me to put tip for April. Let me review other tips at the moment.
Looks like it's going to be a tight race again this month.Great.
So you are making me winner for April tipping .
Yeah. I was kidding as I am so used to see myself bottom of the ladder and this time you and I got same gain 16 cents as on today and ironically our buy prices for two different scripts have been almost same . BTW did you see note from our guru Peter2 ? He is just waiting to make the leap frog jump with DSE on ANZAC day. LOLLooks like it's going to be a tight race again this month.
You're currently in fifth spot with me, debtfree, Garpal Gumnut and noirua ahead of you. Will be interesting to see how it finished up with two thirds of the month yet to go.