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.

Yes a anice move positively up this afternoon.

cheers GF.

Spotted this very positive recommendation for Vane aimed at the German-speaking market. It's on www.silberinfo.de and comes from a few days back now (28/03/05)but demonstrates the widespread interest in Vane.

I don't speak German so the following is an automated MS translation with all its peculiarities. But the flavour is clear:


"28.03.2005 10:35

Vane Minerals - the gold and silver production start!

The experts of www.silberinfo.de recommend the share of Vane Mineral (WKN: A0B5S6 - ISIN: GB00B013M672) the investor to the purchase, aligned on a long-term basis.


Vane up-to-date:

Vane minerals plans the admission of the gold and silver production in of them in the next days "Diablito" mine in Mexico. Here it acts around a small, but due to the high gold and silbergehalte of 15g/t and/or 1650g/t, high-interesting project. The society counts million USD. Vane of mineral on incomes belonged at height of approximately 250,000 USD/Monat and a yearly vat result of approximately 3 to the few, enterprises listed at the Londoner alternative market, which operate uranium projects beside precious metals also. Vane identified altogether 35 areas, at which they assume uranium deposits. Besides the first drillings in the "Guadalcazar" gold project in Mexico began. The enterprise assumes here a large goldlagerstaette, which became first drill cores already the analysis after Tucson/Arizona brought and the results becomes to be present shortly. Vane minerals works in the "Guadalcazar" project seven days the week, the third borehole is evenly finished placed.

Vane minerals has an impressing development behind itself. One year ago the society had the gold and silver production only raw data from Freeport McMoRan`s of extensive data base, now starts. The incomes from it and the cash pad of more than 2 million brit. Pound make it for the enterprise possible to advance the exploration work in their other projects. We regard Vane minerals despite the strong rise of the last days as on a long-term basis promising plant and recommend the share to the purchase."

Let's hope for another good day tomorrow (oh, I see it's today now!)

Cheers, Madison




http://www.silberinfo.de

Borrowed this post from Oracle on another site, looks like the action is about to start..........................

Got an email back from account manager at VANE

Hi ---,

You are right in saying that an update should be due soon on the uranium projects, and an estimate of timing was given in the last press release. I am awaiting feedback from the operations team out in the field, but I believe everything is going according to plan. As soon as there is something to announce, this information will be released to the market but I cannot give you exact timing.

It is worth noting that the companys final results are also due out in April so there will be this news flow coming through soon as well.

Kind regards,

CathyENDS.


cheers GF.

morning GF, welcome back, it's been very quiet without your presence - were you on Holidays?

Hi HM, yes enforced ones. Her indoors books at the last minute so I cant say no. This time I had 2 hours notice. Market looks like its been on a downer, but these seem to have held there own.

Its great to be back.

cheers GF.

it's been pretty miserable over the last week or so and yes indeed VML have held their head up high. Panicked a little with MMG and got out, back in since yesterday though.

VML looks good for another rise today. Just topped up in hope of newsflow soon to come.

asked the company (by email) when their results were out, got the following reply from the Accounts Manager.

They are scheduled to go out around 8th April.

Regards,

Cathy

Might get all the news at once then on Friday or monday.

cheers GF.

Just ticked up.

cheers GF.

And up again.

cheers GF.

Ticking up nicely
wilbs

Is anyone able to put up an intraday/5 day chart. Could be useful soon. (Why doesn't Vane have this facility on MAM charts?)

Nice to see the volume starting to build.

Cheers, Madison

Madison,

I will take a look into the intraday/5 day Vane chart for you and let you know when it is fixed,

Ian

Just ticked up aswell.

cheers GF.

Well I have been watching you guys and have decided to join you with a modest investment - bought in at 23.

Baza

Newbie question here. Topped up with 52500 at about 10:30 at a price of 22.88p but the buy is shown as 50000. The difference is only small but where has the other 2500 gone?

Hi bhunt. Hope 23 turns out well for you. I first started down in the 16/17 range and had some more yesterday at just under 23, but have also bought at 24 and 25. In the short term I feel more confident about this than any of my other small caps, but only time will tell.

in_front - sorry, can't help you there. (Have you checked on your boker's site? Ie. not the contract note, but the buy/sell list.)

Cheers, Madison

With results out at the end of the week, I expect this one to rise consistently till then.