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Additional Information
Market: ASX 200
Sector: Aerospace
Epic: ASX200
News: Latest news
Web Site: Australia Market Wrap
Other Articles: 18-03-201018-03-201018-03-2010

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Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Tuesday, June 30, 2009

WildHorse Energy raises funds to progress Hungarian uranium project

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Development prospects of WildHorse Energy's (ASX: WHE) Pecs uranium project in Hungary have improved.

WildHorse Energy has raised $2.9 million via a one for four entitlement issue at 10 cents per share.

Funds will be used to develop the Mecsek Hills (Pécs) project in Hungary - specifically in progressing the cooperative agreements with Mecsek‐Öko and Mecsekerc. Mecsekérc is the state owned privatised company in Hungary.

Europe is the world’s largest uranium market.

This has resulted in a technical and economic evaluation of the  project area. A preliminary scoping study of the Mecsek Hills project has suggested development potential of the project.  An environmental license has been granted for drilling program at Pécs to increase the resource base.

Investors may recall that current JORC inferred resource at Mecsek Hills is 30mlbs at a grade of 0.08% U3O8 for the project. Exploration target for the Mecsek Hills project area is 90 to 120 mlbs of U3O8 with a grade range of 0.08‐0.12%.

WildHorse will commence drilling and continue resource definition and the start of a Pre-feasibility study. 

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