Ann: Technical Report Etango Resource Update , page-27

Last year I attended the annual National Uranium Conference at the Esplanade (Fremantle.W.A. ).....Anyway I remember talking with Peter Batten & the new Drilling Boss (forgot his name for now). PB was somewhat 'tightlipped' . but the new drilling bwana (after a few wines, hic hic )reckons 'Ondjamba' &Onkelo

'were heaps better than Anomoly A..from initial testing.

The Onkelo terrain is harder( more undulating) but heaps higher in ppm... I suggested he start to train the "Yellow Rabbits" to operate the drilling rigs 'boing boing boing !! hahaha.

As you all know ....there are 6 to 7 years of drilling to go on bmn tenements.
The mine will start on Etango & the higher grades will come from Ondjamba & Onkela later on...IMO its all upside from now on .
this latest NI 43 report is part of requirements to apply to borrow $$$$ Capex for the mine construction.

Any international takeover predator (cameco,areva, chinese etc. ) will study this initial report (plus PFS & BFS )to see what the professional geologists & engineers have to say, before spending a billion bucks .....wouldn't you ???

So pleased Ext. is still flying up ....this underpins bmn's value as well.

cheers cj