The Mums and Dads don't understand ISR deposits and how they work. Their ASIC per pound is significantly cheaper than open cut mining. Very few of the profitable Wyoming deposits have grades in excess of 300-400ppm.
Plus this is just the first round of drilling.
For context Bannermans average grade is 182ppm and Deep yellow is 310ppm
Ann: Thor ISR Uranium Drilling Program Confirms Discovery, page-15
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