MURCHISON UNITED NL
Significant Agreement with Areva During the Quarter
MUR - June Quarterly Report 2008 - Mr Mark Reilly, Managing Director
Mon, 4 Aug 2008 10:30AM
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Mr Mark Reilly
Mon, 4 Aug 2008
10:30AM Australia/NSW
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MURCHISON UNITED NL (MUR)
ASX code: MUR,MUU
Website: http://www.murchisonunited.com.au
Industry: Materials,Nonferrous Metals
Principal Activities:
Exploration for minerals.
Address:
36 Outram Street
WEST PERTH
WA
Phone: 08 9322 4071
Fax: 08 9322 4073
Executives & Directors
Mr Glenn R Featherby , Chairman, Director
Ms Lady Jusdge , Deputy Chairman
Mr Mark D Reilly , Managing Director
Mr Bosse Gustafsson , Executive Director
Mr Christopher Grannell , Non Exec. Director
Company Podcasts
Company ASX Announcements
Company ASX announcements can be viewed on the ASX website.
Announcements from the preceding six months are shown below.
Please refer to the relevant stock exchange if any of the above information is incorrect
MURCHISON UNITED NL (MUR) Events
| Company (Stock Code) | Date/Time | Event |
Timezone: Australia/NSW |
|---|---|---|---|
|
Mon, 4 Aug 2008 10:30AM |
MUR - June Quarterly Report 2008 - Mr Mark Reilly, Managing Director |
    |
|
MURCHISON UNITED NL
(MUR)
|
Tue, 25 Nov 2008 11:00AM 01:00AM Australia/WA |
Annual General Meeting Level 1, Rydges Hotel Perth, Cnr Hay and King Streets, Perth, WA
|
|
|
MURCHISON UNITED NL
(MUR)
|
Sun, 9 Mar 2008 11:00PM |
Interim Results | |
|
MURCHISON UNITED NL
(MUR)
|
Thu, 29 Nov 2007 09:30AM |
Annual General Meeting Level 1, Rydges Hotel Perth, Cnr Hay and King Streets Perth WA 6000
|
|
|
MURCHISON UNITED NL
(MUR)
|
Thu, 15 Mar 2007 11:00PM |
Interim Results | |
|
MURCHISON UNITED NL
(MUR)
|
Thu, 30 Nov 2006 09:00AM |
Annual General Meeting The Melbourne Hotel, Cnr Hay & Milligan Streets Perth WA
|
|
|
MURCHISON UNITED NL
(MUR)
|
Wed, 8 Mar 2006 11:00PM |
Interim Results | |
|
MURCHISON UNITED NL
(MUR)
|
Tue, 29 Nov 2005 09:30AM 11:30PM Australia/WA |
Annual General Meeting Hay Street Room, Rydges Hotel, 815 Hay St, Perth, WA
|
|
MURCHISON UNITED NL (MUR)
| Results of Annual General Meeting | Tue, 25 Nov 2008 |
| Change of Director`s Interest Notice | Mon, 10 Nov 2008 |
| Change of Director`s Interest Notice | Wed, 5 Nov 2008 |
| Company Secretary Appointment | Wed, 5 Nov 2008 |
| Change of Director`s Interest Notice | Mon, 3 Nov 2008 |
| Quarterly Activities and Cashflow Report | Fri, 31 Oct 2008 |
| Resource Drilling Commences at Firawa in Guinea | Tue, 28 Oct 2008 |
| Murchison United Proposed Change of Name to Forte Energy | Thu, 23 Oct 2008 |
| 2008 Annual Report to shareholders | Thu, 23 Oct 2008 |
| Notice of Annual General Meeting/Proxy Form | Thu, 23 Oct 2008 |
Please note: This company appears on this website as a result of its listing on the Australian Securities Exchange. Boardroom Radio does not claim any association with any company listed on this site.
INTERVIEW WITH MARK REILLY, MANAGING DIRECTOR OF MURCHISON UNITED NL (MUR)
“Significant Agreement with Areva During the Quarter”
http://www.brr.com.au/event/48900
MONDAY, AUGUST 4, 2008, 10:30 AM.
BRR Today, Boardroom Radio speaks with the Managing Director of Murchison United, Mr. Mark Reilly, on the latest quarterly report. Welcome to Boardroom
10 Radio, Mark.
MUR Thanks, Terry.
BRR Mark, probably the most significant announcement for the Company over the latest quarter has been the Cooperation Agreement with Areva, the French-
15 based multinational industrial nuclear energy company. Tell us a little bit about the agreement and what it means for Murchison United.
MUR Terry, obviously for us, the main highlight over the last quarter was the announcement that we had entered into, that Cooperation Agreement with Areva. Most of your listeners will be aware I mentioned Areva as one of the
20 largest nuclear companies in the world. We have entered into a wide-ranging Cooperation Agreement with Areva which we will see them take ultimately 15% stake in the Company. They have already acquired a 5% stake in Murchison through purchasing shares at around 13.5 cents which raised A$2.7 million for us and they will be issued a further 10% stake in due course
25 for providing Murchison access to their extensive geological database and they will also be providing personnel on the ground in Mauritania over the next two years while we work our way down there to prove up. Hopefully, we are targeting resource down there of 60 million pounds on our ground in Mauritania.
30
BRR Mark, you are also conducting quite a bit of exploration as well for both uranium and copper. Tell us about some of those prospects that you are exploring.
MUR Obviously, apart from Mauritania, we have a substantial ground holding in
35 Guinea in West Africa as well. We have just completed our second drill program in Guinea at our Bohoduo prospect and we will hopefully have some assays available in the next few weeks. We are going back to our other prospect, Firawa, in October to complete a follow-up 5000-metre diamond drill program which is following up on the initial program we did at Firawa last
40 year with a view at Firawa being that hopefully we can target an initial JORC code compliant resource for that prospect. In addition to that, we obviously have some copper assets in Australia, being our interest in the Maroochydore joint venture with Aditya Birla Minerals Limited. That is a JORC compliant resource up in Western Australia which we are 50-50 joint venture with Aditya
45 Birla Minerals. During the quarter, they have commissioned a scoping study, including geological review, processing of metallurgy, and mine design. That study, we believe, is being completed and the results will be released to the market in due course.
BRR Mark, throughout the quarter, you did appoint Lady Barbara Judge or Lady Judge to your Board as a Non-Exec Director and Deputy Chairman, and she has got certainly a lot of experience in this sector.
MUR She certainly has and we are very pleased to have Barbara aboard. Lady
5 Judge has extensive corporate experience. A main attraction to us is that she is Chairman of the UK Atomic Energy Authority, obviously well known in international nuclear circles and obviously will bring a wealth of experience to our Board in that respect, notwithstanding her other significant corporate experience. I mean, she is a US-trained lawyer and a highly experienced
10 executive. So we think she is going to add significantly to the makeup of our Board and we are looking forward to having her there.
BRR Mark, certainly a great quarter or a significant quarter for the Company and we do look forward to speaking with you again soon on Boardroom Radio.
15 MUR Thanks, Terry. Appreciate it.
BRR Remember, if you have any questions about this broadcast or any others, please feel free to send me an e-mail at brr@brr.com.au or via the Contact Us button on the home page. I am Terence Bell. Thanks for listening to
20 Boardroom Radio.
INTERVIEW CONCLUDED
Contact brr@brr.com.au for more information
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