ORP 6.15% 6.9¢ orpheus uranium limited

further high grade gold assays, page-6

  1. 1,583 Posts.
    Sorry guys dollars per ounce is the first reference ($ per Oz) and the second Oz reference is Australia (Oz).

    Basically being in laos tells me production overheads will be lower, which makes the operation more economic in the long run, much like mining in Sth America etc etc compared to the higher coasts here in say Western Australia because all are on 6 figure salaries in the mining game.

    Lets see if gold gets up to the $1500 dollar per ounce level as the US dollar keeps dropping and say these guys hypothetically can extract for $400 per ounce or less compared to $600 per ounce on australia. Just means more to the bottom line for the company and the shareholders.
    BUt I get ahead of myself, these are only prelminary results but exciting ones nonetheless.
 
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