UXA 0.00% 0.0¢ uxa resources ltd

The GM has great responsibility in using the scarce financial...

  1. 5 Posts.
    The GM has great responsibility in using the scarce financial resources to explore for and find a mineral deposit that will kick the share price higher. Uranium in Arnhem Land and Zn near Broken Hill will not do that. Base metals and gold near Broken Hill will be expensive to drill and yield similar results to historical data. The only real hope is a Challenger-style gold intersection on the Woomera tenement, but given the psychology and price of gold we had all better hope the Chairman comes up with a miracle before the money disappears paying debts, the GM and remnant staff.
 
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Currently unlisted public company.

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