positive scoping report is just the start

The fact that the scoping report is positive is very important. This is stage 1 for deflector. If you use the current gold price, the net result is closer to $90m, and if you use 1m oz, the result gets better again.

I imagine these scoping reports which are completed by independent companies will always err on the conservative side.

BTV seem to be taking a very measured, conservative and market-informing approach to all this....that is pretty enlightening in these times. I think that will create more trust than some of the juniors out there, which seem to disregard practicalities and hype their way to increased stock prices. I am very encouraged by BTV's common-sense approach. I suspect that this will prove to underpin a solid shareholder base in time.

Having said all that.....the uranium story and this potential spin-out is pretty exciting stuff.