U boys have all missed the significance of the announcement.
Mokobaesi has been estimated by Falconbridge to contain 30,000 tonnes of uranium. The latest results only strengthen the case. U talk widths and depth.
How's 16.9m from 18m at 706ppm, thats 1.55lb/t and within that a width of 1.6m for ~6lb/t.
Then there's 7.2m width from 15.6m for 2.87lb/t and within that 1.5m for 11lb/t uranium. No wonder the project has been fast tracked and the sp is now consolidating for another assault north.
The uranium looks to be all at surface and open pittable which means easy to process = cheap capex.
And its in the most miner and uranium friendly place on the planet, Botswana. No civil allah islamic wars here like in the north at Somalia.
120m market cap for an advanced explorer is way too cheap IMO.
PDN is way overpriced.
ERA the same.
SMM is good if u like punting on political outcomes.
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