With the U308 spot price reportedly at US$133 lb
Deny Dalton inferred = 11,000 tn U308
Inground potential value of 24,000,000 lbs x US$133 x AU$1.20 = AU$3,840 million
Deny Dalton inferred gold = 2,500,000 Oz
Inground potential value of 2,500,000 x approx AU$800 = AU$2,000 million
Total combined value AU$5,840 million
AEX capitalised @ AU$29 million
If even half of the inferred resource is brought up to indicated status, do you think the SP will go up much?
I hope your belts done up tight!
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