The problem with the presentation is that it emphasises the size of the resource, but u really have to go hunting to find the GRADE. And for the Namibian resource, with grades under 200 ppm, I suspect it’s essentially commercially worthless … which is why the whole presentation is all about beneficiation. Good luck with that. The Aus ppm numbers are better, but am I correct this is in the NT and a hard rock mine? If so, that’s never going to happen after Ranger fiasco. Only chance of future new uranium mines in Oz are ISR in situ recovery which avoid most of the environmental issues. Too many flashy arrows and timelines going nowhere fast, and not enough common sense.
EL8 Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)