Absolutely!
Thanks too omega ... They said nothing new ... but they did make one error:
500,000 lb of "non-JORC" resource? .... Should read:
"pre-JORC" resource ... quite a difference!! They just need to do very little to satisfy the JORC on this.
They will then add this to the total JORC making it 6.6million lbs ... then add to that the EXTRA 500,000 they have identified at Apex-Lowboy & very soon we will hae a JORC of 7.1 million lbs U - inground value of A$770 million
Compare that to CUY who only have 730,000 lbs of U at Oban for a value of A$80 Million, yet have a market cap of not much less that UKL!!
Think about that and see the potential of UKL, roughly a 10-fold extra value in UKL in comparison to CUY!!
:-))
cheers
UKL
uranium king limited
