new annoucement out presentation, page-18

I love comparing some of these approx size of resources held in Uranium companies on the ASX and other stock exchanges.(apologize now for any errors) I do realise that I have missed a lot, but still, it gives us a rough idea of where PENs position may end up. Of course we dont know how big Karoo or the South Australian tenements are going to end up either. Thats another story.


PROJECT /Sym/mill.lbs U3O8

Olympic Dam(BHP) 3,500
Jabiluka(ERA) 359
Ranger(ERA) 207
Yeelirrie(BHP) 116
Michelin(AXU) 102
Mulga Rock(EMA) 101
Kintyre(RIO) 80
Taylor Ranch(BLR) 80
Lance(PEN) up to 76 (revised estimate)
Mt Gee(MTN) 73
Valhalla/Skal(SMM) 68
Valencia(FSY) 60
Goanikontes(BMN) 58
Langer Heindrich(PDN) 56
Westmoreland(LAM) 49
Elliot Lake(GEM) 42
Tubas(DYL) 39
Kunslova(TVC) 36
Roca honda(STM) 33
Bison Basin(WHE) 32
Dornod(KRI) 32
Manyingee(PDN) 26
Angela(PDN) 23
Honeymoon(UUU) 21
Lake Maitland(MGA) 22
Double S(URC) 20
Jacques Lake(AXU) 18

and so on.....

Another thing to realise is that a lot of resources do not have the favourable mining jurisdictions that PEN has in Lance(Wyoming).

Cheers NK