"Kalahari Chairman Mark Hohnen said, 'This is great news with preliminary cost
estimates indicating that Rossing South could support a profitable, long life,
low cost, low technical risk uranium mine producing 14.8M lbs U3O8 per year,
making it one of the world's largest uranium mines. Importantly, Namibia
already hosts other world class uranium projects including Rio Tinto's Rossing
and Paladin's Langer Heinrich uranium mines, located either side of Extract's
project, therefore providing good infrastructure and knowledge of the sector,
which would greatly assist in the development of Rossing South."
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