"We know there is going to be much consolidation among the uranium group of companies."

Greg Hall, Toro Energy managing director being realistic that a number of uranium exploration companies have sprung up in the last 12 months and many would be consolidated into others.

" Papua New Guinea is a mountain of gold floating on a sea of oil."

John Horan, Marengo Mining chairman presenting an address on behalf of PNG Mines Minister Sam Akoitai to the Asia Pacific Down Under Conference held in Perth recently.