Now is a good time to buy shares in uranium companies as long-term demand for the radioactive material will continue to grow, analysts at Ambrian Capital believe.
Forte Energy NL is an Australian-based minerals company focused on the exploration, evaluation and development of uranium and energy-related projects worldwide.
The Company changed its name from Murchison United NL on 25 November 2008.
Forte Energy has secured an extensive portfolio of uranium projects in the Republics of Guinea and Mauritania in West Africa, where it is pursuing intensive exploration programs. The Company also holds copper and cobalt interests in Queensland and Western Australia, Australia.
13/04/12
Now is a good time to buy shares in uranium companies as long-term demand for the radioactive material will continue to grow, analysts at Ambrian Capital believe.
11/04/12
The project’s resource now stands at 45.2 million tonnes at a grade of 100 parts per million, which gives Forte a total of 23.4 million pounds of contained uranium.
18/11/11
Forte's A238 prospect in Mauritania has an initial JORC inferred resource of 14.9 million pounds, while in Guinea it has 11.6 million pounds. A recently launched drilling campaign over the next nine months will aim to double those reserves and be the key for the next nine months.
20/10/11
Rio Tinto's US$578 million offer for Hathor trumped a rival offer from Cameco and has thrown the spotlight on other uranium stocks.
22/11/10
Forte Energy could become one of few Rare Earth plays in London, after it found the vital metal elements whilst analysing its uranium assays from the Firawa project in Guinea. With the high-profile supply squeeze showing no signs of abating, the potential discovery may provide a new dimension for the AIM-listed junior.
01/02/10
The company reported on its activities in the December 2009 quarter, which were focused on exploration at its permits at Bir En Nar and near Bir Moghrein in the Zednes region of northern Mauritania.
26/10/09
Financially Forte are in a stable position going forward having completed a A$12m capital raising; the company has stated that this will be sufficient capital to support all the drilling and follow up work in Mauritania/Guinea well into 2010.
27/07/09
Transcript of recent audio interview with Mark Reilly, MD of ASX and AIM listed uranium junior, Forte Energy
01/07/09
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