uranium, page-8

Jules, ROY seem pretty nifty at getting deals done to maximise value on a smaller type deposit.Warriedar is a case in point,and the value there is not in the size of deposit,but the timeliness of bringing it to production,which gives it a huge advantage of companies more than twice its size,who are in danger of having deposits that will take so long to develop,they may never be mined.Sure, deposits like Iron Ridge are not large by Pilbara standards,but are handy to other aspiring projects and deals can be done to expidite things.50,000,000 tons of high grade Marra Mamba efficiently mined is a nice little earner.