re: Ann: Appendix 3Ys and Breach of Listing R...
Market has been hammered and many will be looking for bargains soon IMO,,,
We will be getting Straits drill results in the next few weeks/months. If we get any good results and we still at the 2.5 MC do you think people will BUY? YES We UXA announces the start or uranium drilling in the north which is planned for July do you think some may look at MC and take a punt? YES
UXA wireline business has been improving,running at full capacity,order book filled for 2012. Can these guys deliver some good results in the next quarterly? Very possible IMO
This company has been a let down but so have 80% of small caps the past few years IMO. Would you rather buy a small cap exploration company with a 2.5 million MC and no assets or buy UXA with assets and several tenements? Whats has really changed the past 3 years for UXA? Market has been slammed, uranium stocks are unloved, as far as I can see not too much has changed with UXA,,,yes they need to start making a profit soon and we due to actually drill something to get the market excited about. I wish they would give up with the dome and focus on the other assets...
sorry for the rant, not a low risk buy BUT does have 10 bagger potential IMO
UXA Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held