sydney6791, Geoscience Wireline is one of my concerns. Last year...

sydney6791, Geoscience Wireline is one of my concerns. Last year they were affected by the wet weather which has now turned into the big wet. So what for the present year?

On Texas I must admit to not having a clue about income and likely profit in that region. UXA have pumped it up a lot but I did hear that UXA bought the company at a quite low price due to the reduction of uranium exploration in the USA and Canada - some mines were mothballed.
UXA look to have made a tmely purchase here.

I understand that Uranium Equities did not use Geoscience Wireline for their drilling at Nabarlek East and regretted it later due to the higher cost of extra separate testing.
UXA are gearing up to drill the area at Nabarlek North, close to Nabarlek East, in the next drilling season.
If UXA manage as good results in Nababarlek North, close to Nabarlek East, then a joint mining operation could be on the cards.

UXA's Chairman feels that the markets have not yet realised the potential of UXA.