Deathly economic climate for uranium, but Andrew Forrest gets into it
Andrew Forrest pumps $12m into uranium junior, SMH May 5, 2014Peter Ker Andrew Forrest’s investments continue to range far and wide, with the mining billionaire today investing millions into a uranium junior just days after he bought a beef exporting company.
Mr Forrest has today pumped $12 million into Energy and Minerals Australia as part of a broader $36 million funds injection for the company………
It’s the second raising that EMA has completed so far in 2014, despite the deathly environment for uranium.
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