A couple of interesting statements in this report that haven't...

A couple of interesting statements in this report that haven't really been mentioned before.

“The technical approach used to develop U-pgradeTM is being tested on other commodities to determine if value can be added to stranded deposits.”

This has a blue sky element to it that would diversify MEY away from uranium and the risk of a prolonged depressed price environment for uranium.

“Marenica are testing the amenability of U-pgradeTM on a number of ore samples on deposits in which the resource owner has requested anonymity. Discussions continue with a number of resource owners to enable Marenica to demonstrate the benefits of U-pgradeTM and to then enter into agreements for future testwork and eventually license and commercialisation agreements. Due diligence has been completed on several resources.”

I'm aware MEY had worked with Toro and U308 Corp but no further details were provided. Who are the others and what is the outcome? I would imagine that anonymity would give way to the ASX's disclosure requirements.

Anywho, 1 month until the PDN testing results are announced which coincides with the next quarterly report. Hopefully, we received an update on the above statements as well.