followme is looking over it, he seems to follow a lot of the I/O plays. (I went onto the GCR thread, which i hold, and raised the prospect to attention)
I hold for the U too.
Managment, can't really comment. They've been dedicate uranium, but have had the good sense to expand for i/o.
I mean, they're in the Pilbara, why not use a double edged sword.
Uranium prospects in 4 states, and now this.
Expansion into titanium as well.
Under company plans in the newsletter, their prioritise Mardie i/o, Balladonia tintanium, Georgina Uranium, in that order. They aim to deliver a resource statement for both mardie ion ore and balladonia titanium by end 2008.
That says serious intention.
I'll see if i can scan it it and post for all.
cheers
EPS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held