Finance news about to hit the market, page-114

Ours is ~ 1450-1500 converting usd-aud at 1.5 rough
Open pits do fine with lower grades, ours is only UG.

don’t know much about Red except for that they own 100% of the project & are in Aus. We own 66% & will always have jurisdiction risk attached.

i’d still buy wwi at < 50m mcap currently vs red at > 600m mcap for my risk reward though.
- resource increase
- funding confirmed (or at least some portion of it)
- in fill drilling to increase reserves
- P200 push (or 100-150 whatever they end up with post the studies)
- Uranium/bird reef central (potential JV?)

at 2000 pog + usd-rand at > 18, our npv increases significantly so plenty upside ahead (if management are able to tick off most of what’s planned for next 9 months as per Hk presso).