I88 4.03% 59.5¢ infini resources limited

Ann: Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek, page-493

  1. 9,652 Posts.
    lightbulb Created with Sketch. 1040
    insaf.. There is currently no peer to compare, and it is from a wide range of indicators.

    Last Uranium bull run there were over 400 companies start up all claiming to have potential with those SH ending being empty bag holders, takes more than soil samples to have a potential discovery, resource let alone as you (insaf) just called it a tier 1 project/production, and soil samples doesn't mean there a deposit underground those samples as your pointing out'


    Lets start with a drilling program and for that I88 will need funds, with the heavy vegetation an environmental impact study likely needed for drilling permits.

    More funds.

    Would need to find a deposit of size and scale and more permits.

    More funds.

    Need a management team that know how to move the project forward

    More funds

    Would need to be economical with a scoping study, grades are not the be all to a project.

    More funds.

    DFS

    More Funds, should be about a billion shares by now.

    Mining approvals, FID, and a very large funding package

    And now about 10 years later and hope the Uranium price is still up over $80.

    This is just in a nutshell of how hard it is to get a start up Uranium company to a project..

    Tier 1 insaf,... hehehe too funny,.. Your just a over zealous pumper




    Last edited by phishpheet: 23/07/24
 
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