The investment group backed by Canadian uranium entrepreneur Stephen Dattels has spent more than $5 million to boost its stake in WA's uranium hopeful Berkeley Resources.
The Mr Dattels'-chaired and London-listed Polo Resources confirmed today it had boosted its stake in the group from 11.44 per cent to 15.07 per cent.
Mr Dattels has already secured a board seat at Berkeley, which is chasing uranium in Spain.The move represents the latest in a long line of Polo investments in WA resources. It already holds stakes in Extract Resources, West Australian Metals and Impact Minerals.
KATE EMERY
