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.

after a day like today that abit of good news.........but the sp went down just now 0.50p thats it full house all red

Holders

Commerzbank 10.01%
The Nelson Family Trust 8.55%
Roy Williams 8.55%
Richard Harris 8.3%
Alan F Edwards 7.65%
L C Arnold 7.19%
Barclays 5.92%
S D Van Nort 4.45%
R P Jeffcock 3.97%
Barclays Stockbrokers Ltd, 8,710,112 5.92%
+ Geiger counter

http://moneyam.uk-wire.com/cgi-bin/articles/200703141633349769S.html

nice round up driver

Imminent news next week

hlyeo98
Imminent means tomorrow, but I suspect it will be next week.

Investor's Chronicle - 16th March 2007 (VANE gets a mention)

Last year, the Geiger Counter Fund was launched, offering UK investors exposure to major non-UK-listed uranium miners, such as Paladin, for the first time. Canaccord hosted a uranium conference. Hargreave Hale hosted a uranium conference. And then in November, Sacha Borthwick, formerly of Hargreave Hale, won an award as mining analyst of the year, after a monster survey of the uranium sector that went a long way towards educating a market in which anyone with less than 30 years' experience knew very little about the metal. Companies such as Zambezi Resources suddenly began talking up uranium anomalies on exploration portfolios that had previously looked prospective only for copper or gold. VANE Minerals, which has a hugely diverse portfolio, followed this pattern, and is now drilling up some reasonable-looking uranium targets in Arizona and Utah.

Full article

Investor's Chronicle - 16th March 2007 (VANE gets a mention)

Glowing prospects

"Quite frankly, we're running out of decommissioned nuclear warheads," says Adam Cooke, director of New City Investment Managers, which runs a uranium-focused fund called Geiger Counter. This reflects how times have changed. For a long time after the Cold War ended, uranium was out of style, as the after-effects of accidents at Chernobyl and Three Mile Island lingered on, and the nuclear power option became equated with long-term environmental catastrophe. But all things are relative, and with the current fashion for laying an imminent future apocalypse at the door of fossil fuels, nuclear power is back on the agenda. Tony Blair backs it. Even the Iranians are doing it.

This rapid u-turn in sentiment has had a dramatic impact on the uranium price and, in turn, on uranium mining and exploration companies. Three years ago, there were no dedicated uranium mining companies listed in London. Now there are several, and there are a few more that have added uranium assets to wider portfolios.

That's because, as nuclear power began to get its 'green' makeover, the market started to wake up to the dearth of supply. There had been no exploration for uranium for nearly 30 years. Any that was required was extracted from decommissioned nuclear warheads left redundant at the end of the cold war.

So uranium market began to glow very brightly indeed. Back in 2002, the uranium price was just under $10 per lb. It started creeping up in 2004, as the metals boom really got under way. But, in the past six months, the uranium price has risen from just over $55 per lb to the current price of $85 per lb - way ahead of what anyone had been forecasting - as supply from Cigar Lake, one of the world's biggest uranium producing mines, was severely disrupted by flooding. Most people thought $55 was high. But, according to the latest fact sheet from Geiger Counter, it would be "a huge surprise" if the uranium price came under any pressure because supply remains extremely tight. And that's led to a lot of activity in the London markets.

Last year, the Geiger Counter Fund was launched, offering UK investors exposure to major non-UK-listed uranium miners, such as Paladin, for the first time. Canaccord hosted a uranium conference. Hargreave Hale hosted a uranium conference. And then in November, Sacha Borthwick, formerly of Hargreave Hale, won an award as mining analyst of the year, after a monster survey of the uranium sector that went a long way towards educating a market in which anyone with less than 30 years' experience knew very little about the metal. Companies such as Zambezi Resources suddenly began talking up uranium anomalies on exploration portfolios that had previously looked prospective only for copper or gold. VANE Minerals, which has a hugely diverse portfolio, followed this pattern, and is now drilling up some reasonable-looking uranium targets in Arizona and Utah.

In recent weeks, the Hargreave Hale team, which has made uranium something of a speciality, has upped sticks and moved to BMO Capital Markets. So the big boys are finally moving into the space.

"Uranium is the talk of the town," says Charles Kernot, mining analyst at Seymour Pierce. "But I'm not the monster bull of uranium that other people are." That's partly because of the simple truth that uranium is hugely widespread in the earth's crust. There may not be much supply into the market at the moment, but there's plenty of the metal in the ground. So the message has to be 'make hay while the sun shines'.

Having gone through 30 lean years in terms of uranium, and at least 20 lean years in other metals, this is not a message that miners, or their bankers or brokers, need to hear twice. Big deals are already happening across the sector, with London playing a large part in the acquisition of UrAsia by SXR Uranium One. According to Cailey Barker, mining analyst at Hanson Westhouse, that deal "looks excellent". Most agree, including the boys at Geiger Counter who had invested 9 per cent of the fund in SXR Uranium One.

There may now be further consolidation to come, as that seems to be the trend across the wider mining sector. After all, on current trends it will be some years before supply finally catches up with demand. This means that companies, with mining assets that would have been uneconomic at historic prices, suddenly look like potential cash cows.

African dream

"The happiest place for uranium folk is Africa," says Adam Cooke at New City Investment Managers. That's because the environmental pressures are lower, the mining knowledge and skills base is getting better, and the resources are available on favourable terms.

It's not always that easy, though, as Brinkley Mining is finding to its cost. The company listed in 2006 under the stewardship of Gerard Holden, formerly the key man in mining finance at Barclays Capital. He had teamed up with ex-Asia Energy managing director David Lenigas and, between them, they were recognised as some of the best-connected people in the small-cap mining sector. They're also past masters at selling a story, and they sold Brinkley big time. But whether or not the company can hold on to its hard-won - and on the face of it extremely attractive - right of first refusal on all Congolese uranium assets, remains another story altogether, as Congolese police are now investigating the deal (see page 86).

The gloom for UraMin's investors, however, has now been dispelled after last year's doubts about the validity of its South African licences were put to rest. The company is going great guns on key assets in South Africa, Namibia and the Central African Republic.

The most advanced is Trekkopje, where a feasibility study is due at the end of the third quarter of this year. At the moment, Trekkopje is known to contain 18.4m lbs of uranium oxide in the measured and indicated category, along with a further 139m lbs in the inferred category. It has got powerful backers, a decent management team, and plenty of irons in the fire, including recently-commenced exploration in Alberta. So, with net cash of nearly $100m, it stands a good chance of making it through any choppiness in the equity markets relatively unscathed. Not that UraMin has been suffering too much lately. From a year-low of 46.5p back in July, the shares have risen sharply to their current 259p.

In the meantime, Kalahari Minerals, a recent investors chronicle buy tip (1 September 2006), has ticked up nicely from 17p to 26.5p, following decent results on its Namibian property.



--------------------------------------------------------------------------------

Uranium sector at a glance


--------------------------------------------------------------------------------
Share Market share-price
company price (p) capitalisation (M) change in past 6 months (%)

--------------------------------------------------------------------------------

Brinkley Mining 30p 93m +43%
Kalahari Minerals 27p 26m +61%
UraMin 259p 558m +295%
UrAsia Energy 315p 1,511m +143%
VANE 22p 32m +123%
Zambezi Resources 20p 26m +47%

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.