THE HONEYMOON IS OVER

STREET PARTY AND COMMUNITY PICKET

MONDAY MARCH 25th 8AM Onwards
(Sedimentary Holdings,40 Dudley Street Melbourne)

Sedimentary Holdings has had its plans for the Honeymoon Uranium Mine 
approved. Since approval a few months ago there has been very little 
indication of any progress in development of the mine. Honeymoon is a 
proposed In Situ Leach Mine. Basically chemicals are pumped into the 
groundwater to extract the Uranium, which is then exteracted at the 
surface. A large amount of nuclear waste is then left in the 
groundwater. This technique is banned in many places, and is only 
allowed in a few former republics of the Soviet Union.

The company has debts of about $5million and is finding it very hard to
raise the necessary funds to develop the mine. Effective direct action 
is likely to scare investors away, just as it did with Jabiluka. Every 
time there was effective direct action at North Limited there share 
price fell.

For more info on in situ leach mining check out

http://www.sea-us.org.au/

To download a pdf file of the honeynmoon action go here
http://www.nukefreeaus.org/honey.pdf

Hillel 0417506150



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