Member Info for oztrader

Lambs to the slaughter, genuine interest at the bottom, or are "no-brainers" buying ?

No brainer ? Should have had more brains to begin with !

Don't think shareholders will get a piece of the action. I just suggested a capital raising...... ???

Only enough cash left for one more quarter. March Quarterly stated net cash position of $614k. This quarter (June) expected outflow of $326k, leaving $288k in the kitty. Expect news of a capital raising near-term IMHO. What happened to the convertible note issue ? Can't even flog the Linc shares !

It wasn't for cash was it ?

That's from Sept 2011. Have you looked at the price of Uranium lately ? No brainer at 5p,4p,3p,2p now 1p.

Looking at their website, one would assume they're still in the UCG game. I suppose they are until that great deal with Linc Energy goes through. A market update wouldn't go astray.

0.8p

Make that .08p

Below 8p in Oz today. Have we done our dough ?

Up 7.3% .......... Do we own any ? ...... No ! Will the deal go through ? ...... Don't know ! What price will we get them at ? ...... Don't know ! What's happening with the Uranium side of the business ? ...... Don't know ! What is happening with the $3mil CN issue ? ....... Don't know !

Spot now $29/lb. Can ANY company make money at these levels ? So much for the price rocketing after Japan announced it would re-start some reactors.

Can someone please explain to the company the definition of "partner"

Spot price down another 6%. Can't mine profitably anywhere at these prices.

There are numerous, positive, ways this could still play out and anyone willing to take a punt at these levels, could be handsomely rewarded.

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01514086

Arminius, With only $614k left in the kitty and estimated cash outflows next quarter of $326k, they would want to get a wriggle on with the "Uranium deal"

Opinions please..... If the vote to sell the UCG assets to Linc was to fail, would it be a positive, or negative for the share price.

Due tomorrow.

Big jump this morning in Oz. Up 25% to 2c albeit from a low base. First move north for a while, let's hope it continues.