We can argue all week about UXA and their exploration areas and likely profits from Geoscience Wireline.
Will Yambla and Swallows Hof come up trumps and will we see a mining venture at zone 5? Maybe! HREE, Uranium, zinc, copper, lead etc., looking great to come up here - well we hope so.
Is there Uranium. gold etc., at myroodah? - there probably is but is it commercial - US$65.50 a pound (lb) paid for the last uranium order, looking good.
There's also West Myroodah and the other areas. Will we find uranium there? - if not uranium - hopefully there is - then plenty of coal. WA Government are backing it and I expect with good reason.
Crystal Creek could still come good, UXA aren't finished there you know!
Straights Resources are all over Northern, South Australia at 9 UXA tenements and the odds of coming up trumps here over the $10 million, 5 year JV looks one of UXA's great hopes.
The greatest hope of all is at one of three prospective tenements at Naborlek North, just 280 metres from Uranium Equities strike at Naborlek East. Geoscience will drill there first with very many expectations. The DailyTelegraph India was very upbeat on the high expectations a few months ago.
Market cap at just 4.1c is only $12.84 million. Surely should be higher - we will see as January expections from Yambla, Swallows Hoff and zone 5 are looking high on the expectation list.
UXA Price at posting:
3.9¢ Sentiment: ST Buy Disclosure: Held