what is the fair value for url, page-4

Which would explain URL's decision to recommence it's exploration programme.....

Adding further proven resources to the project would help ease any reservations the finacial institutions may have about lending URL the required funds.

Mind you, I personally don't give a damn about any additional resources with the exception of SEEP. It's those results which interest me the most especially after this statement was contained in the Quarterly report:

"A detailed assessment and prospectivity review of the SEEP joint venture area was undertaken during the quarter."

I'd like to know when the results of this review will be made available, especially now as Xstrata have reached the halfway mark for the required exploration investment to trigger the 50% purchase of SEEP, and in turn, the Roseby project.

Also interesting to note that the environmental management plan won't be finalised for another 5 months. Finance means nothing without EPA approval.

Still, I wait.