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.

that's a hell of a long way from Marlow!

cynic
Worth a visit if ever youre down this way.

it's miles n miles n miles whereas i live and work in marlow so shop on a daily basis

If thats Marlow Buckinghamshire its not that far.

it is if you don't work in the City and if you want some fish for that night!

cynic
Youre have to oil the wheels on the old wheel chair and get out a bit.

Cynic

The measurement of the breakout from the pennant is predicated upon the previous rise. Essentially the pennant is said to be flying at the halfway point of the move and generally will duplicate the previous move. I concede that the measurement of the move can be somewhat subjective, it's supposed to be the distance from the original breakout point (23p) which is then measured from the breakout point form the pennant (probably 31p). So we arrive at somewhere in the region of 40-41p; could be less though.

pth

Chaps, TFC's reference to fish is all to do with KIO - heavily involved in fat, 'attractive' fish. Fascinating subject once you start to do some research. Long term hold with little downside and signficant upside - rampity ramp!!

pth

How about an attractive camel?

have always had a penchant for camels; but that is another story!

driver ... if you'll drive just might let you loose on tha jalopy .... as it is, i rarely do other than walk to the office; hence my reluctance to drive to Waterloo and its environs (or at least i think that's where Borough is, on south side)

cynic
Close, London Bridge.

just as bad .... please bring Meals on Wheels!

Didn't see you in Borough Mkt on Sat driver...

talking of bridges i am sat only a mere 5 mins walk from Albert Bridge. Juste bloody noise and continual traffic /// Bloody fascinating biz this fish mullarky,,,KIO is a fabulous business model . lts an investment as opposed to a pure speculative trade.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,l cant remember who compared SER to VML but they need dire help . lts like comparing painting by numbers to painting by Picasso ,...(l do have a quite a hefty position in SER before anyone starts . ...@+

cynic
I used to live in Marlow- pretty good place to be. There's quite a well known financial firm there...

pretty place; bloody expensive and thus High Street suffering same fate as so many towns throughout the country (nothing to do with immigrants!) - i.e. small specialist shops being forced out to be replaced by anonymous multiples, hairdressers, "tourist" restaurants and coffee shops etc ...... the one baker is about to disappear; our fantastic fishmonger/butcher will inevitably close within the next couple of years spo his site can be redeveloped; the hardware shop has had to relocate well out of the town centre ..... for many years we have had no greengrocer or deli so we are all forced to shop in crap-quality supermarkets like Waitrose ..... M&S and Sainsbury's have small outlets also and are best avoided.

Greyhound
I was there but were you?

cynic
Whats the problem with Waitrose its one of the better ones.

Are we getting the results tomorrow?

it may be good round your way, but ours is pretty rubbishy ..... certainly i would never willingly buy fish there, and would far prefer to buy meat elsewhere as it will then actually have flavour, and when i go to a decent greengrocer, i realise what i have been missing

cynic
Borough market

love you too! ...... if i lived/worked in central london, there would be no prob, but as we do not even own or want a freezer, travelling to Borough Market daily could be somewhat time consuming (and expensive)