finances, page-68

re: summary of grades Good afternoon.
Interesting thread, this has become.

As per our guess,
Husab JV (EXT51%) Potential resource
4,782 Tonnes U308 = 10,539,325 pounds U308
US$60 lb
Value = $632,359,491
Value per share $0.79
51% = $0.40
The above is a gues as to the grade of the ore extracted. What happens, if as per the last drilling results there are more or larger areas of 9plus kg/t..... yes 9, not 0.009 or .09. just a thumping big full 9.

Ask, did PDN ever record these level/this level of U.
Ask the same about Rossing.

Someone go and read, as I couldn't find the information to suggest a grade in the 9range.

MISSING FACTORS,
are, the above is for 1 strike zone out of 5 strike zone on the 39 lease.

YES, just and only 1, (one) strike zone.

WHY are people so blind to the report, which stated the are 5.......... arr, I give up, almost.

If 1 equals at least 40cents, try a guess for 5 strike zones, as per pages, 7, 8 and 9 of the Annual Report 2006

Kind regards,
Barry