Cauldron Energy Ltd. Stock Analysis CXU.AX

Cauldron Energy Ltd. is a mineral resource development company, which engages in the mining and exploration of uranium and base metal projects in Australia and Argentina. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2005-01-28. The Company’s projects include Yanrey Uranium Project, Melrose Project and River Sand Projects. The Yanrey Uranium Project is located in a highly prospective Uranium district in northern Western Australia. The project encompasses a total area of over 1,270 square kilometers (km2) consisting of approximately 12 granted exploration licenses. The Melrose Ni-Cu-PGE Project is located in the West Yilgarn Province of Western Australia. The exploration license consists of a 169 km2 tenement, approximately 250 km north of Perth. The company has also pegged a large area immediately west and south of the Melrose Project area, covering over 1,338 km2 containing nickel and copper prospects. The company holds a 100% ownership interest in three river sand tenements located at the mouth of the Ashburton River at Onslow in Western Australia.