I just spoke with Leon,
Very kind of him to spare the time.
He like us investors is annoyed with the Lab delays.
The lab was inspected by WME prior to submission of samples and they confirmed a six week turnaround. In some instances it has now been nearly 3mths. Apparently this has forced the company to pull the remaining samples and send them back to Australia for testing. Some of the results from samples still at the Lab are filtering in and a market announcement should be available soon but to complete the big picture we'll have to wait for the Australian tests.... no time frame given for that.
I was told that while the delay on results has been unfortunate activities on the ground were pushing on and again the market will be informed of these soon. Operations certainly haven't ground to a holt.
Also in response to the last post, the UraMin purchase equates to approximately $10 p/lb u308. Now WME have a higher grade resource and the potential to expand that resource considerably as further exploration of the tenement takes place. Once this resource is sured up to the market it is going to take off and i'm pretty sure we'll see people knocking on our door.
Good luck!!!
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