I will address all the point you mention one by one from now.
Chi chi says "I also, as I've stated before, think that you need a grade of at LEAST 0.1% to have confidence that a project MIGHT proceed...irrespective of level of uranium prices! Inoput costs are rising, it would be a brave bank that would finance a low grade uranium mine."
How do you know this?
There is a world class uranium mine in Namibia that operates on grades .03-.05
Most of the dirt coming out of Olympic Dam has mineralisations of .04 % and they have been mining it, in addition to copper for 10 years.
MTN has higher grades (.073) and will be mining uranium in addition to 51 tonnes of rare earth elements
Further the grade of uranium is not so important as whether or not the uranium is "leachable" ie can be washed out of the soil.
The uranium at Mt Gee is leachable.
Next point ....
pierpont's article from yesterdays afr, page-14
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