31/07/2008
Namibia-focused Kalahari Minerals cites a uranium target of 126 to 198 million lbs of U308 at the Rossing South project.
The AIM-quoted company, which has a portfolio of copper and base metal projects in the south-west African country, holds 39.11 per cent of Rossing South, in the same area as Rio Tinto’s long-standing Rossing uranium mine. Kalahari’s partner, Australia- and Toronto-quoted Extract Energy, has announced the 126 to 198 million lb preliminary target following a series of encouraging drilling results.
Floated two years ago at 15p, Kalahari shares reached 46p last February before crumbling to 13.25p in June. They have now rallied to 30p, valuing the company at £49.97 million, and are speculative.
Growth Company Investor subscribers have full access to all our AIM and small-cap share recommendations. To subscribe today with a half-price offer, and gain immediate access to all the recommendations, click here.
Related Articles:
|
| 16/05/2008
|
| 16/05/2008
|
| 15/05/2008
|
| 14/05/2008
|
| 13/05/2008
|
People who read this article also read ...
|
| 07/08/2008
|
| 31/07/2008
|
| 24/07/2008
|
| 10/01/2007
|
| 29/06/2006
|
Commercial Mortgage Quote
We present absolutely free financial information and a superior financial search system.
Looking for Commercial Mortgage Quote
We have reviewed and sorted 405 odd links for commercial mortgage quote - the top 10 list is presented here.
Commercial Mortgage Quote
Looking for Commercial Mortgage Quote? Search over 15,000 sites with one click. Your source for everything under the sun.
