good result for wme neighbour , page-3

Thanks Daredevil. This means that Forsys is working with grades of 130ppm - and declare it viable. This from their announcement:

" The PFS financial model, even with the conservative price of uranium and project cost assumptions, shows an IRR of 70% and a payback of less than two years using only the initial reserve calculation. Duane Parnham further commented "We believe Valencia is an extremely solid project and one of only a few significant uranium deposits today with near term production visibility."

WME's Marenica project at 200ppm is looking better all the time...