Petronius10 Jun 2012 12:35
Thanks for the reply.
Looking at the cv's of Mr He and Mr Yu it obvious that they are specialists in uranium.
They only wanted kah and extract for their uranium so it seems to me that their main
aim here is the uranium.
Appointing two highly qualified directors to nrr is a sign that they must intend to either develop nrr independently or begin to incorporate it into Taurus.
The continual buying of 500k shares at a time might well come to light very soon,interesting to see if this now stops or continues next week i reckon this has been going on for about 10 months so a lot of shares have changed hands. Noticed at another aim company that someone buying shares and crossed a certain threshold did not inform the market for a couple of months, so might get an rns when buying finnished.
Does anyone know if the chinese directors are allowed by to purchase shares for themselves, or if because they work for chinese gov' they can't buy shares.
I can't get away from the fact that they have put 2 directors not 1 onto the board of nrr, this is really important
as they must want a big say in the way the company will be run and are not making a token gesture,for the sake of it.
To me this is a sign that Taurus believe that there is something are nrr that they want, and if the nuclear fuel licence for epl 3139 gets approved this wiil be another indicator that uranium is their main objective.
Nrr have some other great prospects so lets hope they get financing to get off the ground.
Well next week should see how the market reacts but I think that we will see a very positive reaction to these appointments and hopefully another rns to clarify those 500k trades now that Taurus have shown their hand.
Good luck to all that have held onto their shares.
j