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BTV - Batavia Mining

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Yes i guess it is hard to tell when the bull market will end in the the uranium area, but I do believe that our alternative energy sources are either depleting at such a rapid rate or are unable to cope with the demand, and hence the upward movement in the Uranium spot price.

Ethically I am in two minds about Uranium...

I see it as a cleaner fuel souce than that of coal and oil, eg very little or no greenhouse gases produced.

BUT:

The long-term problem miners and countries will face is where to store the spent Uranium which can be toxic for up to 100,000 years. That will be costly and a massive environmental problem.

In the long term I think that for many mining companies to survive it would be wise for them to take up some form of Uranium mining. It seems to be a proven factor in the share price rises of many mining companies. The ones that have taken aboard Uranium have had substantial increases of late, with very little down-side.

So at this point in time I feel pretty confident that BTV will do well over the coming months.
 
BTV looking very strong in pre-open this morning.

Volume and share price in upward movement late last week. Drill results are in the lab and will be released later this week, or early next week.

Hopefully a resource up-grade.
 
Possibly x5 Announcements may be on their way, as follows:

1) Gold and Copper assays from previous drilling at Gullewa!

2) Bankable Feasibility Study (incl. resource upgrade) should nearly be complete via further testing June,July @ Gullewa!

3) Computer modelling resource estimates for Uranium at new 'U' tenements at Eastern Arunta Province!

4) Comprehensive and proposed drilling programme for 'U' at Eastern Arunta Province tenements in N.T.

5) New 'U' Exploration permits approval via Feds for new 'U' tenement applications, as part and additional to existing Eastern Arunta Province tenement portfolio.
 
Downer Espouses Nuclear Virtues

From: AAP By Denis Peters
September 01, 2005

FOREIGN Minister Alexander Downer has laid out the case for Australia taking the path to nuclear power generation, saying global warming is forcing a rethink on the issue.

He joins fellow Cabinet minister Dr Brendan Nelson among government members espousing the benefits of nuclear energy since Prime Minister John Howard called for a renewed debate on the issue.
Mr Downer said Australia's substantial uranium exports were already being used to generate 2 per cent of the world's electricity production, making Australia deeply entwined in nuclear energy, particularly in the east Asian region.

Heavily coal-dependent, Australia has no electricity generation through nuclear power.

Its only reactor, at Lucas Heights, is used for purposes such as sub-atomic research, the production of radioactive medicines for cancer therapy, and production of radioisotopes for industrial uses.

But Australia held the world's largest uranium reserves, enabling the country to make a major contribution to global energy production, Mr Downer said


"The plain reality is that the growing demand for energy worldwide, and in our own region, will be satisfied in part by nuclear power generation," he said during the 2005 Sir Condor Laucke Oration at the Barossa Valley.
"In the 21st century, the responsible position is to recognise that nuclear power has an important place in the overall global energy mix."

Mr Downer urged those confronting global environmental challenges to "avoid pseudo-science and doomsday scenarios".

"Nuclear power's clear benefits in greenhouse terms are causing many countries to reconsider some outdated prejudices," he said.

"The reality is that nuclear energy is the only established non-fossil fuel energy source capable of generating large amounts of baseload electricity without significant emissions of carbon dioxide."

Mr Downer said Australia's uranium exports allowed other countries to reduce their carbon dioxide emissions.

"Countries using Australian uranium avoid CO2 emissions of the same magnitude as Australia's own CO2 emissions from all sources," he said.

Safety concerns about nuclear power were inaccurate perceptions of risks that were not backed up by facts, Mr Downer said..

"Anti-nuclear groups irresponsibly exploit these concerns to pursue their own mythology."

Mr Downer said Australia would have a vital role to play with regard to the future of global nuclear power.

"As global demand for greenhouse-friendly nuclear power grows, global demand for uranium will also grow," he said.

"And as the holder of the world's largest uranium reserves, we have a responsibility to supply clean energy to other countries – even if, so far, we have chosen not to use nuclear energy ourselves."
 
Share holders of BTV would be hoping for Gullewa results to prove 2 things:

* A resource increase
* Good metallurgical results

This would then allow a feasability study.

The strategy going forward for the Gullewa Project is to increase the Deflector Deposit mineral resource by drilling targets down to 400 metres in vertical depth, and to test other Deflector Deposit lodes. The drilling commenced in early July 2005. It is also planned to continue the current metallurgical testwork programme on the oxide, transitional and primary zones.

So if below* happens we also hold a substantial gold/copper deposit, HUGE Bonus!!!

*Upon a successful metallurgical outcome and mineral resource upgrade, completion of the

Feasibility Study will be commenced.*

Successful metallurgical outcome being the main factor, as without this no Feasibility Study or BFS.

Also worth a big note: most if not all holders dont care or hold for gullewa, they bought on the Northern Territory Uranium Prospects, so i think if gullewa can do above it will suprise market.

Have a look @ below techs now available for these HUGE Uranium tenaments,

Batavia has also acquired a comprehensive database of historical uranium exploration and exploration and mining geologist that used to work fot n.t. gov! Geological Survey

Almost 20 years have elapsed since the end of the last uranium exploration boom. In that time there have been many technological improvements that impact directly on the methodology of uranium exploration. Some of the key developments include the use of multi element chemical analysis, aerial
gamma ray, aerial magnetic mapping, hyperspectral mapping, gradient gravity and electromagnetic surveying.

Batavia has also acquired a comprehensive database of historical uranium exploration information, both within the tenement areas and on a regional scale throughout the Northern Territory, WA and SA.


Mr Pedro Kastellorizos is an exploration and mining geologist with in excess of ten years professional experience.

He has initiated and managed exploration and mining projects in the Northern Territory and Western Australia on behalf of several mining companies, including the successful exploration of uranium, gold and base metals.

Mr Kastellorizos was based in Darwin and was formerly with the Northern Territory Government as a member of the NT Geological Survey and has an in depth knowledge of the Northern Territory.

Effective from January 2005, he is now based in the Perth Office. Mr Kastellorizos is also a

Exploration Manager of Tennant Creek Gold Limited.

APPOINTMENT OF DIRECTOR

8 August 2005

The Directors of Batavia Mining Limited advise that Mr Pedro Kastellorizos has been appointed to the Board as Exploration Director.

Mr Pedro Kastellorizos was an Exploration Geologist with AFMECO Mining and Exploration PtyLtd (subsidiary of COGEMA Australia) for five years in the late 90’s. His extensive experience includes exploration of unconformity style uranium deposits in the Northern Territory. Mr Kastellorizos is currently the Exploration Manager of Tennant Creek Gold Limited and will continue in this role.

Substantial Holders note: ANZ no.3 and Westpac no.8

As at 31 July 2005
Rank Name Units Held at 31 July 2005 % of Issued Capital
1 Tennant Creek Gold Limited 46,003,839 16.96
2 Leet Investments Pty Ltd 12,400,000 4.57
3 ANZ Nominees Limited 9,456,767 3.49
4 Cavendish Corporation Ltd 4,980,000 1.84
5 Paticoa Nominees Pty Ltd 4,622,584 1.71
6 Mr John Hudson Keesing/Mr Graeme David Meyers 4,275,000 1.57
7 Biddle Partners Pty Ltd 4,099,391 1.51
8 Westpac Custodian Nominees Limited 3,849,538 1.42


Old report below is still good reading

http://www.bataviamining.com.au/PDF/reports/05-06-16 Hartleys BTV-20050614.pdf
 
Quick update on assay results from a member on another board:

Phoned Batavia, was advised assay results may be out middle of next week.

So far so good!
 
Hi forum members,
It seems Krisbarry has been very busy the last few weeks ,you will have to be careful you don't get R.S.I. Kris .It stands for "repetitive strain injury" , which you seem to be doing on any forum you can push this share.On one other forum they are even calling you a "RAMPER".You started of with a simple query,then continued to answer your own query.20 times out of 26 at the last count, and your posts are word for word on another forum. The only differance was you started of
"talk on other boards seems to suggest a very high price in months any where from it's current level of 6c to 20c even with the possibility of $1. Any thoughts?"
Who was doing the talking.?
I'm sure everyone has seen through you but I just had to have my say.
paladin boy :goodnight
 
paladin boy said:
Hi forum members,
It seems Krisbarry has been very busy the last few weeks ,you will have to be careful you don't get R.S.I. Kris .It stands for "repetitive strain injury" , which you seem to be doing on any forum you can push this share.On one other forum they are even calling you a "RAMPER".You started of with a simple query,then continued to answer your own query.20 times out of 26 at the last count, and your posts are word for word on another forum. The only differance was you started of
"talk on other boards seems to suggest a very high price in months any where from it's current level of 6c to 20c even with the possibility of $1. Any thoughts?"
Who was doing the talking.?
I'm sure everyone has seen through you but I just had to have my say.
paladin boy :goodnight
Click to expand...


The person that shared their thoughts on the share price was "Castaway" AKA "Supercycle" from hotcopper.com.au

They are not my words. I only read what others had posted then relayed them onto other boards as a share price rumour. i think that is valid.

These are my sources:

* Media Reports
* Company websites
* asx.com.au
* NAB - Online Trading
* ozestock.com.au
* TopStocks.com.au
* Hotcopper.com.au
* ShareScene.com
* webcharts.com.au
* incrediblecharts.com

Many other people post the same articles on a multitude of sites, I do not see a problem in that.

I have read other peoples posts and lifted what they have written and pasted it onto other sites too.

It is all about sharing information, sharing what other people have written and doing your own research.

A collaboration of stock discussion boards and memebers makes researching stocks, much easier.

I started the BTV thread on ASF. B4 that point this stock had never even been discussed on this site. So my question to you is...is this site better or worse off for my posts?

We should all be working together to inform others, that is my opinon!
 
Nuke safety fears overblown, says Downer

02sep05
FOREIGN Minister Alexander Downer has played down the likelihood of Australia resorting to nuclear energy despite advocating its benefits.

As Australia considers selling some of its vast uranium reserves to China, Mr Downer has promoted the benefits of nuclear power.

Delivering the 2005 Sir Condor Laucke Oration in the Barossa Valley last night, Mr Downer said nuclear power plants produced no greenhouse gas emissions and concerns about their safety were overblown.

"Safety concerns about nuclear power are inaccurate perceptions of risks that are not backed up by facts," he said in a speech.

While everyone had heard of the Chernobyl disaster in Russia, it was the result of old reactor technology, Mr Downer said.

He was perplexed by the arguments of some against nuclear energy, but who also claimed they wanted to cut greenhouse gas emissions.

"Over 30 countries have nuclear power programs ... (and) in doing so, they avoid emissions of some 2.2 billion tonnes of carbon dioxide each ear," he said.

He said the number of reactors globally was expected to increase significantly and Australia would have a vital role to play in the future of global nuclear power.

But at the same time, it was unlikely Australia would turn to nuclear energy itself soon.

"Here in this country we have very cheap coal, we are blessed with enormous coal resources," Mr Downer said on ABC radio after the speech.

"Not only do I think that's likely to be a problem economically, just think of the political controversy and opportunism that surrounded the issue of a nuclear waste dump."

Mr Downer told the audience that although the use of nuclear power in Australia may be a way off, the nation would still play a major role in the nuclear energy debate because of the growing demand for uranium. Australia has about 40 per cent of the world's known uranium reserves.

"As global demand for greenhouse-friendly nuclear power grows, global demand for uranium will also grow," Mr Downer said.

"As the holder of the world's largest uranium reserves, we have a responsibility to supply clean energy to other countries, even if so far we've chosen not to use nuclear energy ourselves."

Mr Downer said it was important that the growing use of nuclear energy did not have a negative effect on nuclear non-proliferation efforts.

But withholding uranium would not deter those wanting it for nefarious means.

"It is important to understand uranium is not a scare material, every country has some uranium," Mr Downer said.

Australia has begun formal negotiations on the export of uranium to China but has promised adequate safeguards to strike an export deal.
 
Kris, Interesting post there. When you quote information from other sources, could you please give source.

Thanks.
 
Substantial Holders note: ANZ no.3 and Westpac no.8

As at 31 July 2005
Rank Name Units Held at 31 July 2005 % of Issued Capital
1 Tennant Creek Gold Limited 46,003,839 16.96
2 Leet Investments Pty Ltd 12,400,000 4.57
3 ANZ Nominees Limited 9,456,767 3.49
4 Cavendish Corporation Ltd 4,980,000 1.84
5 Paticoa Nominees Pty Ltd 4,622,584 1.71
6 Mr John Hudson Keesing/Mr Graeme David Meyers 4,275,000 1.57
7 Biddle Partners Pty Ltd 4,099,391 1.51
8 Westpac Custodian Nominees Limited 3,849,538 1.42

Krisbarry... Re ANZ and Westpac holdings...I take it that you realise they are custodian nominee accts, not holdings by the banks themselves.
 
el_ninj0 said:
Kris, Interesting post there. When you quote information from other sources, could you please give source.

Thanks.
Click to expand...


For sure, in future I will name the member and the source.
 
Kauri said:
Substantial Holders note: ANZ no.3 and Westpac no.8

As at 31 July 2005
Rank Name Units Held at 31 July 2005 % of Issued Capital
1 Tennant Creek Gold Limited 46,003,839 16.96
2 Leet Investments Pty Ltd 12,400,000 4.57
3 ANZ Nominees Limited 9,456,767 3.49
4 Cavendish Corporation Ltd 4,980,000 1.84
5 Paticoa Nominees Pty Ltd 4,622,584 1.71
6 Mr John Hudson Keesing/Mr Graeme David Meyers 4,275,000 1.57
7 Biddle Partners Pty Ltd 4,099,391 1.51
8 Westpac Custodian Nominees Limited 3,849,538 1.42

Krisbarry... Re ANZ and Westpac holdings...I take it that you realise they are custodian nominee accts, not holdings by the banks themselves.
Click to expand...

Yes I realise that. I should have worded it a little differently, Sorry!
 
Hi Kris ,
I agree with you about getting as much imfo as possible but you are beginning to sound like their public relations man. Do you hold any other stocks in your portfolio,? Perhaps you could share these with us as well.
paladin boy :2twocents
 
paladin boy said:
Hi Kris ,
I agree with you about getting as much imfo as possible but you are beginning to sound like their public relations man. Do you hold any other stocks in your portfolio,? Perhaps you could share these with us as well.
paladin boy :2twocents
Click to expand...

Sorry man, if I sound a little keen!

Many of the above posts are related to uranium and political views, not directly related to BTV.

With that said, much of the land that BTV will eventaully be mining is in the hands of the federal governement and political leaders, so it is very relevant to post media releases within this thread.

And no this is the only stock I own at the moment.
 
Found this news article in the paper this morning could be a good idea, although up for debate, but may benefit mining industries such as BTV.

Note:

* GREATER mineral wealth
* THE combination of advanced techniques in mining


Superstate SA + NT

04sep05
SOUTH Australia and the Northern Territory could become one state again if a Liberal MP gets her way.

Although the two have not been united since 1911, Bragg MP Vickie Chapman warned both were in danger of being overwhelmed by the increased power of other states.

She said a united SA and NT would provide more clout in the fight for federal funding.

"If we're going to survive in the current federal structure, we have to accept that, on our own and as a small state, we have no particular weight in the new regime," she said.

Ms Chapman said she was concerned the power balance would change now Queensland, along with WA, Victoria and NSW, earned more than they spent. That left Tasmania and SA on their own.

"Post-Howard, we have to face the fact Australia is in for a major reshift in power," she said.

In 2005-06, SA received $5 billion in Commonwealth funding and NT $2.2 billion. Ms Chapman said benefits from removing the border would include:

MORE funding from the Federal Government.

A BIGGER tourism market.

GREATER mineral wealth.

A LARGER, more financially secure region.

SEAPORTS either end of the country.

AN UPGRADE of transport infrastructure across the regions.

THE combination of advanced techniques in mining.

"Essentially you'd have to have constitutional reform by both," she said.

"There would have to be referendums.

"If there is a will of the people to do something and that is strong enough, finding the rules and regulations to make it work is really quite achievable.

"I'm talking about a re-amalgamation. It's not as though we're taking over Victoria."

Ms Chapman said she envisaged one state government with parliament sitting at both ends of the country.

"It's important when you look at serious reform that you do it at a good time. There's not much point asking them to join us if they think they are going to have to bail us out."

But the proposal has received a storm of criticism from other parties, including the NT's Labor Government.

Acting Chief Minister Syd Sterling said re-amalgamation was not on their agenda.

"We're working towards statehood in our own right," he said.

Flinders University School of Business and Economics senior lecturer Graham Scott acknowledged "some advantages", but said SA wouldn't necessarily be better off.

"The headaches involved in trying to co-ordinate a government that extends over such a huge area is enough to give anyone at least pause," he said.

"I find it hard to believe the existing population of SA is going to be better off as a consequence.

"On balance, it's probably better for Northern Territory to do something like that but, of course, they lose independence. The question is: Why did it split in the first place?"

SA and NT were first separated because the territory had such a tiny population and proved too much of a burden for SA to continue to maintain that much land.

State Treasurer Kevin Foley dismissed re-amalgamation out of hand.

"The Northern Territory Government is the most heavily subsidised government in Australia, receiving billions of dollars from the Commonwealth," he said.

Picking up that cost would mean SA "would lose our AAA rating and not be able to provide the services that we currently offer".

Source:
http://www.theadvertiser.news.com.au/common/story_page/0,5936,16484652%5E2682,00.html
 
Good grief....

Have a look through the announcements.

Prior to 11/7/05 directors loading up on shares.

Announces the uranium stuff.

Directors start unloding shares.

HELLO!!!

How can they get away with that???

Or have I got this completely wrong? :twak:
 
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