Not sure if you read metallurgy results
Marenica metallurgy
Marenica ore amenable to upgrading:
confirmed by screening, scrubbing and ore
sorting test work
375% increase in U3O8 grade achieved:
from a head grade of 232ppm U3O8 to a final
product grade of 871ppm U3O8
8
90% of the uranium can be retained in
37% of the ore
96% extraction of uranium achieved from
both calcrete and oxidised bedrock though
initial leach test work
and imho Areva wouldnt part with their BKY shares for a stake in Marencia if they werent positive that the Resource wasnt economical
takeover, page-15
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