{"id":517,"date":"2011-02-21T17:39:02","date_gmt":"2011-02-21T06:39:02","guid":{"rendered":"http:\/\/www.australianuranium.com.au\/blog\/?p=517"},"modified":"2011-02-21T17:39:02","modified_gmt":"2011-02-21T06:39:02","slug":"extract-and-rio-to-joint-venture-to-develop-exts-giant-deposit","status":"publish","type":"post","link":"https:\/\/www.australianuranium.com.au\/blog\/extract-and-rio-to-joint-venture-to-develop-exts-giant-deposit\/","title":{"rendered":"Extract and RIO to joint venture to develop EXT&#039;s giant deposit"},"content":{"rendered":"<p>The announcement of the EXT &#8211; RIO tie up to develop what will become one of the world&#8217;s largest uranium mines comes as a great relief to me. I admit to being worried that EXT would be forced to either sell the deposit\/project or take on an overseas partner and that we would lose them from our Australian ASX.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.australianuranium.com.au\/images\/uraniumchartnov2010.JPG\"><\/p>\n<p>As can be seen from the chart above this would have left a gaping hole in Australia&#8217;s uranium index and my portfolio. I am very fond of EXT and having been in it for a very long time (8 years) it has given me almost impossibly large profits&#8230;.. The way forward now looks a lot clearer and I look forward to a massive revenue stream in the years to come.<\/p>\n<p>I wonder which ASX listed Uranium play will be next to get &#8220;married&#8221;&#8230; My guess is Aura ASX: AEE represents such amazingly good value it will either do a JV or get swallowed&#8230;. If you have read through AEE&#8217;s announcements and the surrounding commentary you&#8217;d have to think that AEE&#8217;s current JORC and probable <a href=\"http:\/\/www.australian-shares.com\/forums\/discussion\/comment\/6840\/#Comment_6840\">1billion pounds of uranium<\/a> would be mightily attractive&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The announcement of the EXT &#8211; RIO tie up to develop what will become one of the world&#8217;s largest uranium mines comes as a great relief to me. I admit to being worried that EXT would be forced to either sell the deposit\/project or take on an overseas partner and that we would lose them &hellip; <a href=\"https:\/\/www.australianuranium.com.au\/blog\/extract-and-rio-to-joint-venture-to-develop-exts-giant-deposit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Extract and RIO to joint venture to develop EXT&#039;s giant deposit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-517","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=517"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}