M&A

Cobalt beckons UraniumSA

TWO years on from the demerger of its Samphire uranium project in South Australia in 2016, UraniumSA appears to have found a new direction, securing six "highly prospective cobalt assets" from private concern Nomad Explorations.

The Wollogorang project geology appears to extend into Nomad's NT licences.

The Wollogorang project geology appears to extend into Nomad's NT licences.

Speculators reacted to the UraniumSA deal with the customary gusto and piled into the stock, sending its shares soaring more than 130% as the market opened, pushing the shares to 1.16c, and lifting its...

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