The four mile inferred and indicated resource was at 70Mlb... which puts it smack in the middle of the BOE target so it's a nice comparison being so close geographically and also an ISR uranium mine
did Quasar pay $75M for 25% of that project (including the year production)? not sure if i'm reading the announcement correctly
is so, as a sale this year, it places a hefty premium on the boe shareprice in terms of what someone may pay for this as a ready to mine asset and increased JORC resource
Ann: BOE - Honeymoon Project Exploration Update, page-9
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$2.61 |
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