Hi Scorpio,
The good part about Beverley is that it is privately owned. Yep just two very rich brothers that own General Atomics. So no bank feasability study required.
Just the OK to go ahead.
The 40 hole drilling program will go along way to proving the resource. On my estimate they will need another 5- 20 holes to have a measured resource. depending on how well they can define the resource boundary with only 40 holes.
They have already drilled the well holes.
So not only are they exploring but they have also dug the injection and extraction wells as well.
So squirt water and acid in one drill hole and extract Water and Uranium through another. If it were not for the government they could be mining in 6 weeks.
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