-News from RAI about uranium-they commenced a 350m diamond drill campaign in 29 Oct 2009. Haven't heard about it since then. Could be due for an update days? weeks? If all goes well here it is likely RAI's major holder Hebei will build a nuclear reactor nearby. AGM said they currently at 329m of the 350m target drill holes.
-PEL110 drilled Sept 2010.
Possibles:-
Further wells to be announced/drilled on PEL 115's 31 targets, this year, it's anyones guess when. Monitor probably farm out some of it.
Further aquisitions penned in due to statement in relation to Pel 115 farm in 'the first of many deals to come'. This year or next.
Dark horse:-
Kyrg oil tenement's, J/V partner announced 2010 or 2011, possible news of field operations.
Going to need to raise more funds so my guess is a 10 for 1 consolidation at some stage in the near future.
MHL Price at posting:
0.6¢ Sentiment: LT Buy Disclosure: Held
