31 holes u grade average 355 ppm AEE looks dirt cheap. Cash is 15 a share. U grades look reasonable at 355 ppm (average of 14 holes reported above 200ppm). Several hits of 500-800 ppm. May have higher grade zones within the resource. This one looks a very reasonable punt. Drilling of remaining 319 holes starts up next week.
Technicals indicating a chance for a breakout from current levels.
drilling commences wondinong uranium project, page-6
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