a quick primer on ext, page-3

THe purchase by Cameco and Mitsubishis of Kintyre in WA from Rio last year values the in situ resource at between $6-$7 a pound (using contained resource est 70-80million) Transaction value $495m

Here is description of Project -
" Kintyre is an advanced exploration project located in Western Australia about 1,250 km northeast of Perth.
Cameco said that based on its due diligence, the Kintyre project may host estimated potential mineral deposits ranging from 62 to 80 million lb U3O8 in total, with an average grade between 0.3% and 0.4% U3O8. These estimates are conceptual in nature. The basis for these conceptual estimates includes 355 historical diamond drill holes totaling 70,279 m. Cameco noted that there has been insufficient exploration, however, to define a resource at the Kintyre project in compliance with Canadian mineral resource reporting standards."