the question that just sends everyone quiet. There just isn’t a peer comparison remotely close. We are talking 500 to 10000 times the expected surface sample results wuth numerous samples within a zone 235m x 100 m which captured these reading within a historic radon gas anomaly. Why is radon gas a key indicator - the gas is is produced by the radioactive decay of URANIUM. Now there are a further 23 historical radon gas anomalies that need to be tested. There is no disputing there is URANIUM under ground - the only question is to what extent in depth and grade. Considering the world has never seen this level of surface sampling - the anticipation is that globally unique uranium deposit is under ground. The UAV results will attempt to increase the correlation and precision.
this is why the market is excited. Only people with a lack of understanding of uranium exploration tends to solely focus on sp performance and expect retracement. It doesn’t work like that. If the market believes there is a unique globally significant deposit - it will cause increased valuation to the stock
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- Ann: Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek
Ann: Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek, page-479
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