jv with india's largest public company

...Not much has been said on this JV between UXA and Reliance Industries (India's largest public company)....
...Nabarlek North (EL 24868) and Nabarlek West (EL 24564 and EL 28245) ...
These three tenements, granted in late 2010, form part of UXA?s joint venture with RIL Australia Pty Ltd (?RILA?), a subsidiary of Reliance Industries Limited, a Fortune Global 500 company and India?s largest private sector company. The tenements are located in close proximity to the old Nabarlek uranium mine in Arnhem Land and share similar geology.....
.....i believe we are about to hear a great deal more on this JV as Reliance will want to accelerate this exploration to continue to be able to meet the huge demand for the countries ever increasing power needs...Work is expected early next month....
RB