I am just wandering that government only gives free money to poor and helpless, or non-profitable organization. $3.3m looks good, but if you think it a bit further, there must be something need further investigation.
I discussed this with my geologist friend. The first reaction is are you nuts? It is looks wonderful you have uranium, rare-earth, phosphate, and thorium, to separate them is almost a scientific research project. It is one of the kind in the world. Currently there is no commercial viable process in the whole world. And he asked me: Are you investing in a mining company, or a scientific lab? I protest, they have other uranium projects as well. He hang up.
Well, what is your guys thought?
ARU Price at posting:
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