Uranium- the boom is coming, page-11

The only explanation I can offer for lack of value attributed to Tiris is country-risk for Mauritania.

Kinross has had issues dealing with the Mauritania government including SEC action. The Government was/has sought to renegotiate deals with miners similar to what has been seen in DRC.

First-Quantum appears to be winding down: production is well down on previous years and the workforce has halved from its peak.

I mentioned terrorism before which was dismissed. I stand by the research. There are many independent reports on this topic from 2018.

If you are an investor/financier, where in Africa for U represents the best returns/lowest risk:
1. Major U countries like Namibia or Niger
2. Relative unknown U countries like Mauritania

This weighted against the prime appeal of Tiris: low OpEx/CapEx.

Apart from HC members, I never see Tiris/Mauritania discussed by the useful/popular U focused Twitter accounts. And I seem to follow many of the same people as others on here.