$32m cap about $12m in cash
Current spot at $80 lb
the resource valued at about 20c lb
1/4 of 1% of the above ground price and in a safe jurisdiction
nothing moves fast in uranium
mulga rock is at least 4 years away from anything according to the head honcho
A lot will change in coming years
the uranium push is building the noise is out there
imo risk is priced best valued term deposit when matures
Ann: Wiluna Uranium Project Update, page-110
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