Licence a filip for Kalahari price

Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a Chinese suitor may offer for the $2bn Australia-based company in a widely expected buyout bid. State-owned China Guangdong Nuclear Power Corp (CGNPC) is in talks to take over Extract's 43 per cent shareholder, Kalahari Minerals.