It seems to me that most of the posts these days are just based on will we or wont we be taken over in the next few weeks/months.
I guess I would like to remind good shareholders who are waiting patiently for a miracle to happen how hard our Geo's and drillers are pumping that ground in Namibia.
I myself was guilty of being so spoilt by continual good drill results that I forgot to give the credit to the hardworking folk at Extract.
19 rigs drilling hard and look at all the holes they have reported on. No complaining there.
And of course the main highlight of 68 metres at 5767ppm. Unheard of in your average uranium resource really.
As each day goes by that 15 kms of strike zone get clearer and clearer.
The only negative that I can find is the global mess we humans have put ourselves in. I look forward to our hard working men and women on the ground taking us into the history books with the best resource find in decades and proving up the new zones. Remember folks, this is 7 km's of a 15 kms strike zone.
Once they have the jorc out of the way, the DFS and applied for the mining licence, which I have no doubt Extract will achieve, they can head towards making some money for their long standing shareholders (wouldnt that be 90% of shareholders). And, still increase value with more zones to achieve the 550 million pounds that Hohnen continues to inform the market of. (I dont expect it to happen with this jorc, but I have no doubt that Hohnen is correct with estimates for the future)
More so than looking forward to the Jorc, I cant wait to hear what the projected targets will be! The rest is just a formality which slows down the exploration targets. LOL
Harlee
Highlights:
? Outstanding intercept of 68 metres grading 5767 ppm U3O8 in Zone 1.
? New zone of uranium mineralisation indicated at Rossing South based on strong hand
held spectrometer results from RC drilling samples
? Known dimension of R?ssing South mineralised system now defined over eight
kilometres with indications of high grade mineralisation on southernmost line of drilling.
? Seven kilometres of prospective 15 kilometre trend still to be tested.
? First firing of explosives at R?ssing South undertaken.
? Steady flow of exceptional high grade chemical assays received from infill and resource
extensional drilling,
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