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Uranium One Inc SXRZF



GREY:SXRZF - Post by User

Bullboard Posts
Post by goldishon Apr 03, 2009 10:18am
262 Views
Post# 15893891

Jampanese

Jampanese

ALEC HOGG: You've done a smart thing, Jean, since you took over there, getting closer to the Japanese, in particular, with Mitsui and then a private placement that you had to Japanese shareholders. Those of us who've had some kind of exposure to Japanese business realise this does not happen overnight. How long have you guys been working on these relationships? 

JEAN NORTIER: Well, we fortunately have had relationships with some of the Japanese firms in Kazakhstan. The Japanese are our partners in a joint venture, where we have a 30% interest, and they are also partners of ours in the building of a sulphuric acid plant in Kazakhstan. So we had some inroads into Japan in that way. But there's a very fascinating strategic supply race on the go on the uranium side, and so all the strategic players, whether they are French or Russian or Korean or Japanese, are looking to procure supply. And through that we had the opportunity of probably getting to the end line a bit quicker than what we would ordinarily have. But we are very pleased. I mean, we have relationships with blue-chip Japanese companies and, as you say, it is of massive value to us.

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