Urasia c'est fini ! la fusion absorption avec SXR Uranium prend effet(voir news ci dessous), on cote 7.50 CAD ce soir, alors qu'on était à 1.50 en novembre 2005 et à 2.8 lors de mon post ci dessus de fevrier 2006, ça fait X5 en 15 mois...toujours peur du Kazakhstan alatan >
ceci dit, la livre d'U3O8 est à 113$ et n'est pas près de baisser, on peut garder encore les SXR obtenues en échange des Urasia surtout que SXR devrait annoncer bientôt le démarrage effectif de la production dans ses mines d'Afrique du sud, en plus de celles d'Urasia au Kazakhstan qui fonctionnent très bien...

UrAsia Energy announces government and regulatory approval for plan of arrangement
Friday April 20, 12:14 pm ET

Trading Symbol (TSXV: UUU and AIM: UUU)
VANCOUVER, April 20 /CNW/ - UrAsia Energy Ltd. ("UrAsia") announced today that it has now obtained all government and regulatory approvals required to complete the proposed Plan of Arrangement with sxr Uranium One. As a result, the Plan of Arrangement is expected to become effective at 2:00 pm PST on Friday, April 20, 2007.

Under the terms of the Plan of Arrangement, UrAsia shareholders will receive 0.45 common shares of sxr Uranium One Inc. for each issued share of UrAsia.

About UrAsia Energy

UrAsia is a Canadian-based uranium producer that offers investors exposure to low-cost uranium production and growth. The Company creates shareholder value by focusing on the development and operation of low-cost, in-situ leach uranium projects in Central Asia. UrAsia is listed on the TSX Venture Exchange and the Alternative Investment Market (AIM) of the London Stock Exchange, trading under the symbol UUU on both exchanges.

On behalf of UrAsia Energy Ltd.

"Phillip Shirvington"
President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking statements relating to the future performance of UrAsia Energy Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

Oui, je fais également confiance à Carmignac, Tectonic et consorts pour l'analyse du risque pays.

Tu es à part l'uranium sur quelles sociétés>

Pour info, Aton vient de publier une analyse sur Urasia Energy:

Urasia Energy. Rare exposure to global uranium market

Urasia Energy is the world’s ninth-largest uranium miner, which holds a diverse portfolio of Kazakhstan assets that strongly position it for revenue and profit growth. It is also one of just four listed uranium producers, placing it in a very exclusive global club. Urasia Energy went public in November 2005 via a $425mn reverse takeover on the Toronto venture exchange and is led by a respected management team with extensive experience in both the uranium and broader mining industries. The company produces yellowcake, or uranium oxide, which in itself is a relatively harmless substance as it requires multiple processing stages before becoming nuclear fuel.

Urasia Energy has teamed up at the operational level with the Kazakh government, which has direct equity interests in the company’s mines. Such a structure allows for an alignment of the interests of investors and the state and ensures that Urasia Energy has unhindered access to government-owned processing plants used to make nuclear fuel rods.

Globally, the uranium mining industry is experiencing a supply crunch as past under-investment has meant little expansion of capacity in recent decades. Additionally, since the end of the Cold War the nuclear power industry has relied on uranium stockpiles and decommissioned nuclear warheads from the preceding four decades, which currently satisfy 26% of global demand. Meanwhile, actual mined uranium satisfies only 61% of demand, with the remainder mostly coming from reprocessing, which is limited in scope.

This supply crunch has triggered a sharp increase in the price of uranium oxide. Uranium posted an all-time high in 1979 at $43/lbs and an all-time low in 2001 at $7/lbs; the metal currently fetches $38/lbs and the price looks set to continue to increase. We do not have an explicit forecast for uranium prices, although we note that most industry observers view $100/lbs as a realistic level in the next few years. Importantly, stockpiled uranium is forecast to run out in 10 years time and uranium production from existing and slated new mines cannot bridge the gap. Meanwhile, uranium consumption is steadily growing as countries try to wean themselves off increasingly expensive hydrocarbon-fueled energy.

Urasia Energy’s relatively short corporate history means it lacks the substantive historical results required to build a thorough financial model. However, based on the company’s resources and forecast operational cash flow it seems attractively priced, especially if considered against the backdrop of a world that is looking anew at nuclear energy as a reasonably priced, efficient and clean alternative to hydrocarbons.

In terms of resource valuation, Urasia trades at $9.8/lbs of resource, which is more than 20% below the world’s top producer, Cameco. Based on Urasia’s cash costs of $10/lbs and an average uranium price of $37/lbs, Urasia Energy trades at 27.4X 2006F and 16.2X 2007F operating cash flow, which we see as reasonable multiples considering the company is forecast to increase output 4.5X by 2010. We believe that the company warrants investor attention as rare yet reasonably valued exposure to an alternative fuel source in an increasingly tight global energy market.