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Hi All The UK-Analyst Stock Market Report for Friday 9th July 2010. Brokers' Notes Ambrian Capital maintained its "BUY" recommendation and 232p target price for Kalahari Minerals (KAH). The research house said that, for the mining and exploration company, upcoming share drivers fall into two broad categories. The first category is fundamental progress on Rossing South, which has been confirmed as the highest grade granite-hosted…
Hi All Just found these comments from Ambrian on Kalahari's website. The final paragraph may put some of the happenings of late into context? Regards Steve Extract Chairman's address – Zone 1 shaping up 22 June 2010 As part of the Extract Resources' Chairman's address, Extract has announced that it remains on track for a 3Q10 resource upgrade, but reiterated that this will focus on…
Swakop Uranium Dismisses 'Loose Allegations' Toivo Ndjebela 29 June 2010 Windhoek Swakop Uranium, the Namibian subsidiary of Australia's Extract Resources, has reacted angrily to reports that it has done little to develop its Husab uranium project and could lose it to Russian investors as a result of such poor progress. The fate of the Husab project, which until recently was known as Rssing South, has…
Extract allays fears on Rssing South uranium by Desie Heita 29 June 2010 WINDHOEK Developers of Rssing South uranium mine have refuted speculations of uncertainty due to Namibia's signing of a multi-billion-dollar uranium investment deal with Russia. The announcement comes at a time when Extract is preparing to submit a formal application for the mining licence by the end of this year. Addressing shareholders at…
Hi All Latest WH Ireland (07/06/10) Broker Note for Extract. Regards Steve Extract Resources Limited Buy Price A$6.65 Target Price A$8.02 3-year Target A$12.37 Evident Scalability still Not Understood by the Investor -Current 3-year target of A$12.37 ps -Raised average Resource grade by 25% to 600ppm -Lowered our LT U3O8 price 8% to US$55/lb -Raised operating costs by 11% as a result of increased stripping…
