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8.00% 2.3¢ energy transition minerals ltd

energy resources & renewable, page-13

  1. Orabanda
    3,185 Posts.
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    26/05/09
    15:54
    Post #: 5205817

    By my reckoning GGG has 2 or 3 hundred million pounds of U308 resource. The Rossing mine in Namibia had 500 million pounds at (I think) much the same grade as GGG.
    With the imminent upgrade we will probably see something approaching 500 million pounds also. The Rossing mine is half depleted, having supplied 7% of the world's uranium for the last 30 years.
    So yes, if it can be mined economically this is a no brainer!
    GGG Price at posting: 46.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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