The write up on U on the website is impressive - they need to retest exploration samples because of high grade !!
https://wcminerals.com.au/radium-point-uranium-project/
Cap $20 mil Cash $2.9 (31/12 Q) + $4.4 mil (oppie underwritten) ~ $7 mil. So the programs outlined, particularly at Radium Point and Coppermine, can progress with acquisition of data and aerial geophysics.
Excellent exec team and board - see website - and here is a snip from the very informative info there."Total Historical production (pre-1982) from the project area is recorded as follows;
- 13,700,000lbs Uranium oxide (“U3O8”),
- 34,200,000oz of refined silver and
- 11,377,040 lbs of copper with gold credits.
- 104,000kg lead, 127,000kg Nickel & 227,000kg Cobalt
- Using current prices this conservatively represents more than US$2bn worth of metal production on the licence area.
This production was focussed around three large scale production centres at Radium point;"
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