new jv, page-4

I was bit surprised that these didn't sink into oblivion when the U mania went missing. What with the most interesting ground in WA and Queensland where U mining is a definite no no. Like having a fridge full of beer but can't drink it. worthless. I think the iron ore potential is the best thing to come along for the time being. What else could be in all that dirt they have leases over? Better way forward at the present time. Maybe that's why they have signed the JV. Let someone else spend the money to establish a reserve. Look at FDL, diamonds were there go but FE made them.