They applied for 6 more uranium leases in the Northern Territory. This take them to a total of about 20 uranium leases I think.
With the increasing talk of using uranium for power and greenhouse effect with oil and coal, U2 could be the commodity of the future and price continue to goes higher. I believe this is the reason why BHP is taking over WMR for U2.
just my opinions do your own homework.
SIM
scimitar resources limited
pre open???, page-3
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