Cauldron Energy Hosts Uzbekistan's Navoiyuran at Western Australia Project, Shares Down 3%
MT Newswires Live
Oct 06
Cauldron Energy (ASX:CXU) hosted senior representatives of Navoiyuran and Uzbekistan's Ministry of Mining Industry and Geology (MINGEO) at its Yanrey Project site in Western Australia over the weekend, according to a Tuesday Australian bourse filing.
The visit is aimed at furthering the relationship between the parties and represents a key technical due diligence step as they work toward more formal and binding documentation, the filing said.
The company entered a nonbinding memorandum of understanding with Navoiyuran in September 2025 to collaborate in advancing the Yanrey uranium project.
The company's shares fell 3% in recent Tuesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.