on the move again, page-14

Gamias, "cuy will be the story of 2007"

Great quote of yours.

Here is some evidence to back it up:

CUY's operation will be very high margin - why?
1. It's in river sands.

2. It's close to surface

3. The grades alone are good, and would be regarded as commercial even in much more hard rock, deeper deposits (note: not all u308 grades are equal) you need to think about soil/rock type, width & depth

4. They will be on-selling slurry.

So, what does this all mean?
A. The recovery costs are gowing to be low, and

B. The recovery rate is likely to be high

This adds up to a very profitable operation -
Oh, and

5. If the u308 price keeps on rising the equation just gets better & better

i.e. more cash to splash - Let's keep it simple - it's peat bog Uranium mining, not rocket science - but thar be plenty of yellow peat in Oban's dried up bog to go around.

That's my take on why, when you consider the register, the market cap & the potential.....blah we've been over this before.. you know the rest, but it's why Gamias is right