Bugger,
Downgrading the resource which was previously based largely on downhole radiometric data based on closed psaced drilling and chemical (lab) assays is a kick in the teeth for the project.
The market rsponse is probably fair and reasonable given an overall downgrade of the economics (~160Mt @ ~210ppm is not exciting anymore).
Got out of this one toos oon and been wathing to see when things level out. It could be coming now.
ann out, page-74
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