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.

Apparently there have been masses of these X trades in the small caps today as the result of a fund (RAB Special Situations) restructuring, so no cause for concern.

Makes you realise how insignificant the volume we see traded most days really is. I am hopeful that the arrival of cashflow will be the catalyst to some bigger buying over the coming months.

Cheers, Madison

Tallsiii - (You may already have this info now, but...)

The AGM will be held at the offices of Seymour Pierce Limited, Bucklersbury House, 3 Queen Victoria Street, London EC4N 8EL on 12th May at 11:0 am. LOL

Madison - do you know what this fund restructuring by RAB is all about?

..........also the home of Legal & General Investments - how very interesting

Baza

Another quiet day.

Why is it we can have a day full of buys and the price moves up slowly, then another day a few small sells and the price just falls. Can someone explain this to me I am having trouble trying to understand how this works.

Thanks

Sod's law comes to mind
Loadsa

SYD the MMs make money on turnover which can be a combination of buy, sell or both. The greater the turnover the more dosh they make.

Some think its just a question of supply and demand , it aint they can try and manipulate the market into action.

cheers GF.

Added again this morning. Think this one is going to be a superb company.

cheers GF.

Looks like IC will mention VANE tomoz as a BUY. If you goto the investors chronicle website and do a search for "Vane Minerals" it pops up with "Mining: our top picks" dated 06/05/05 :-) only thing is you have to pay to get access to that information so I couldnt tell you anymore.

They just refer to vml as a top broker tip from Numis.

Have to say though, a subscription to IC is worth it's weight in gold.

Tallsiii

Well done syd!

Cheers, Madison

Vane were tipped in the IC on 18 March 2005. They are unlikely to be tipped again so soon. Any mention is more likely to come in the form of an update, but that could still shift the price up a few ticks.

Starfrog:

"'As part of the launch of RAB SSC, the legal structure of the existing RAB
Special Situations strategy, a Delaware-based limited partnership, is being
reorganised. A New Master Fund has been incorporated into which all investments
of the existing RAB Special Situations strategy will be transferred. Most of
these transfers will occur by way of a market trade today. The New Master Fund
will continue to pursue exactly the same approach as the existing RAB Special
Situations strategy, but with additional capital from the prospective launch of
the RAB SSC."

tallsiii:

Are you definitely going to the AGM? (Now that you are a major shareholder!)

Cheers, Madison

Cheers Madison.

Yes I am planning to go. If anyone has any questions they'd like me ask, then please post them on the board before Wednesday next week.

There may well be a minning feature in the IC. You go to the website and type in vane, an article tilted:


Found 8 article(s). 1-8 of 8 listed below

Mining: our top picks

Investors continue to be drawn to the exciting world of mining stocks in spite of signs of a sell-off. Alastair Ford finds the...

1 | 6 May 2005 | 3643 words | Investors Chronicle

which is on for tomorrow.

Any word on the IC news today?

Nothing of great interest in IC. VML are listed in Top Broker Tips along with 5 other companies.
wilbs

AFX News : 5-May-2005

Vane Minerals gets exploration rights to 16 uranium properties in Arizona

LONDON (AFX) - Vane Minerals PLC has obtained exploration rights to 16 properties in the breccia pipe uranium district of Northern Arizona. The company said this was in line with its planned uranium programme, as previously announced.

In addition to these 16 properties, Vane said it continues to identify and investigate other opportunities for acquisitions within the uranium sector.

Michael Spriggs, chairman of Vane said: 'These 16 properties show great potential and we are delighted to add them to the Vane portfolio.'

Press Centre : What the Papers say
This is Money : 4-May-2005



Smaller companies report: Tuesday close



Shares in Vane Minerals, meanwhile, added 3p at 22p after news the firm has obtained exploration rights to 16 properties in the breccia pipe uranium district of Northern Arizona.

The company said this was in line with its planned uranium programme, as previously announced. In addition to these 16 properties, Vane said it continues to identify and investigate other opportunities for acquisitions within the uranium sector.

We are getting in the papers/mags at least, this should get the VML above the radar and get people buying.