UPDATE UPDATE UPDATE..

COMPANY WEB SITE.........

http://www.vaneminerals.com/

THE PRICE OF URANIUM IS GOING BALISTIC...

The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

Analysts are debating over wether the SP of Uranium increase will be three fold within 2007?.

Looks like to me, the best play on the UK market for Uranium and it hasnt gotten away yet like the other two ZBA Zareba and URA Uranium which have multi bagged. Its also in a position to fund its development with a new gold mine producing. Ive added twice this morning and think this one could be very big. Heres the announcement...........

Vane Minerals PLC
07 March 2005


VANE Minerals plc (AIM: VML)

VANE Announces Diversification Into Uranium Exploration And Development

Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.

To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.

VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.

Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'

Enquiries:

VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713

cheers GF.

reasonable-looking ?

Good results could put the sp at 50p

50p in my lifetime, 2050, 2100??

50p is really not unrealistic in the near future, we will see.

hlyeo98
If a quarter of the pipes bring in the goods 300p is really not unrealistic in the near future

mms manifestly desperate for stock....one could drive a bus between a 21pps and 23pps spread -thats almost 10% ,l had quite a wait for a furthur 100,000 this week. but lest we forget . ,,What with there existing such a dearth of available stock that neccassitated a "placement " for Geigers order to be completed . And now with Barc bros aboard and 20m shares needed whats the scenario here ? - Will the mms play a little softball and tempt sellers with nice increase in bid ,,,or shake the trees to the very foundations and in the process only attract more buyers ..A bit of a catch 22 methinks ,,,,but of one thing i am sure - mms will pay for winter hols as the REAL interest in this stock heats up as lnstututions and so forth exercise their LEMMING style of investment ..--one big player in -and the rest soon follow suit..Suddenly nuclear via u308 is looking the only option/ alternative to hydrocarbons which are in rapid depletion ...Also scientists agree we are still 30 years behind the concept of nuclear fission as opposed to fussion . So uranium is looking a very attractive proposition as a peicemeal energy producer until the age of hydrogen is upon us, coupled with the new age fission reactors .and furthermore they dont contribute to global warming/ climate change via emissions from the combustion of fossil fuels ....... France has proven that if these nuclear facilities are built to original specification with no typical cost cutting or nibbling at safety costs they are the safest form of energy to be found ,,,,,and by far the most efficient ............................The only reason it hasnt happened yet is that the spectre of Chernobyl in Ukraine and 3 mile island in Penn , USA lingers on the minds eye - and with good reason . ,,,,BUT its the only way as Mr. Dines states that we wont be left shivering in the dark within a few short years as we fight for the last drop of oil which will be prioritised with millitary, domestic policing , and Food distrubuters gettting the lions share; and unless we make a start now IN the commissioning in construction of new stations the rest os us may indeed be left shivering in the dark as Mr. Dines suggests ..... CYNIC - i think your way of the mark here- VML will rise to 50p on froth and speculation alone. Sector is rapidly finding favour - and recently in a slip of the tongue Blair frankly admitted that monies for nuclear installations were already factored into budget to gain extra capacity from older reactors and also monies is to be made available to transform the newer gas fired power stations into nuclear power breeders with the bare mininum of effort ... ...........@ J

TFC ... that's not the Barclay brothers you chump; they own property ..... this is BARC!

50p coming up within 6 months, I would say.

I think the 50p figure is very fair , Big boys getting on board can only be positive .

Cynic,

The Barclay twins went to my old school, a Shepherds Bush Sec Mod. Didn't they do well.

nice jewish boys too!

The JP Morgan report is the latest indication that nuclear, for long the "renewable that dared not speak its name", is back in vogue. The renaissance, driven by growth in the energy-hungry markets of the US and China, is fuelling an explosion in the cost of uranium and attracting the interest of hedge funds in search of the next big thing.

this is a good read
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2007/03/13/ccnuclear13.xml

Cynic,

Scots.

Scottish Jews!

scottish jews????????????????

why not? ..... the diaspora was not so particular as to rule out the possibility of adding fried Mars bars to the diet (except after meat) ..... there are also Ethiopian, Iranian and Iraqi Jews and so on and so on

.

yes your right cynic but is that good

slow day

A few more buyers coming in , we could see a little rise wed .