uk interest may lift uxa resources in 2011

Interest from the UK has been gradually building up over 2010. An interest by Per Wimmer (of outer-space fame) through Per Wimmer International, led the advance.
Holdings from the UK, including above, are now about 8% - 10% of UXA.

Prospects for commercial HREE and uranium at Nabarlek and Yambla in The Northern Territory, to be drilled in 2011, is likely to increase speculation, together with zinc prospects in NSW.

Low market cap puts UXA in the possible 100 - 300 bagger range on any commercial finds.

Very high risk are UXA, though the stock price is still on the floor after the cash raising.