The Uranium Asset = 14million$ spent defining the resource, ready to mine now and profitable low cost ISR at current U price.
Gold asset = Blackwoods, Victorian gold field. Ready to mine now, largely under explored and open. High grade, short term production time
River Sands = ready now, short term production time.
IMO CXU has done the right thing whilst the WA government have banned mining of Uranium. CXU now have 3 different commodities which are all ready to mine now for income stream.
I couldnt be more happier as a shareholder in CXU and beyond. Just hoping to buy more towards 3c before the SP takes off.
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