Wantedman

 Hello everybody, Batavia were on a Roadshow in Germany last month,where I was able to meet the new interim CEO Greg Bittar. So here are my first thoughts on the company and their Roper River Iron Ore project: Overview: Name: Batavia Mining,Perth Australia, ASX:BTV Shares outstanding:  133,028,645 (as of 12.May 2010)  ! see details below ! Marketcap: 28.6 Mio AUD (shareprice of 0.215 AUD-12.May 2010)…

First for everybody to know,this article does not address the conservative investor.This is about a very high risk (short term) investment,where you could end up with either multiplying your money or ending up with Zero.If you are not prepared to take that risk stop reading! But,this is not about the average bankruptcy speculation,in this case IMO chances are much better than usual.  Here is why  …

Australian uranium explorer with  a license in Namibia Outstanding shares: 449 Mio Major shareholders: 1.AREVA:                     47.56 Mio = 10.59 % 2.Batavia Mining:       27.50 Mio =  6.12 % 3.Nikolaenko: (a Russian who was  formerly the biggest shareholder) quantity unknown,but based on the AGM 2009 where about 60 Mio shares voted against a Polo director,one can speculate Nikolaenko ( and friends,associates) may still be MEYs biggest shareholder.…

Marenica Energy, an Australian uranium explorer, released a company update on Thursday, following significant corporate developments over the Christmas period and the receipt of encouraging new exploration data from its 80%-owned Marenica Uranium Project in Namibia, Southern Africa. With the entry of Areva, the French nuclear giant, into its capital structure,  the Company enters a new chapter in its development. Marenica was…

Hi everybody, Just stumbled over this blog-commenting on the collapsed merger. As the author does not allow republication,i just provide a link:http://grayshares.co.uk/graysinvestmentbloguk/2010/06/24/the-polo-caledon-merger-collapses-leaving-investors-to-ask-what-now/

Excellent article about uranium supply and demand:http://www.ifandp.com/article/003819.htmlAlthough from last month a really good read,with further indications about Kazakhstan uranium future: Although Kazahkstan boosted its uranium output by 59 per cent in 2009 to 35,000t and more recently saw a 63 per cent increase in its 1Q10 production, some of its largest mines are approaching the end of their working lives and newer projects have higher…

Hello xigris and all other Polo investors, Just stumbled over this,thought it would interest you: http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes_April_10/gecr_POL_flash%20note_25%20May%2010.pdf Polo Resources – Divestment of Mongolian Assets, Narrower Focus on Coal and Uranium Plays: Buy with 8.3p Target.The announcement on the 24th May of a Memorandum of Understanding (MOU) on the sale of its remaining 50% stake in its Peabody-Polo Resources joint venture marks the end of Polo’s involvement…

Radio interview with Chairman Graham Woolford.Published in Germany yesterday.Questions are in German,but you dont miss much if you dont understand them-important are Grahams answers.Not much new stuff in there,but confirms most of the things we know.One interesting aspect though,Graham expects the overall resource to probably end up in the 120-140 Mio lbs area:http://www.brn-ag.de/beitrag.php?bid=17197

Thanks Mark, For clarifying on Kazakhstan operational costs.Although Uranium One is only one of the companies present there (would be interesting to know about other OPEX figures from Kazakhstan) , I never really researched into this country (and its uranium companies), as i am not keen on investing in companies which might be dis seized by the government (directly or indirectly)                                                                                                                                                          You have heard about…