EBR has 75% of the Cultana lease that was to be test drilled for uranium late last year but fell through at the last minute due to native title problems. Minotaur(MEP) has the other 25% and is the operator. In one of MEP's recent reports to the ASX they expressed the hope that this prospect would be drilled in the 1st quarter of 2006. What's the latest? Since EBR's oil prospects can't get the sp moving, perhaps their S.Aust uranium interests might do the trick?
EBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
