how much is smm's uranium worth? Just read an interesting article on grades.
http://www.kitcocasey.com/displayArticle.php?id=260
I wonder if your figures tally with mine.
Lets just look at Valhalla
16500 tonnes @ .144
.03 u3o8 = $20 a tonne/rock
.3 u3o8= $200 a tonne/rock
Ok lets look at SMM's grade based on these figures
.144 u3o8 = $77 a tonne/rock
the Valhalla resource is only worth ......
$1,270,500
o oh!!!
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