Ann: Investor Presentation - February 2013 , page-8

Correction......my apologies.....
amongnst all the excitement,I ended up messing up my calculations


ABLATION & HANSEN DEPOSIT


# Extensive testwork undertaken

# Consistently recovered ~95% of the U3O8 in ~10 of the mass

# Potential to reduce 750 000 of ore produced per annum to ~75 000t of concentrate

# Upgrading of 0.127% U3O8 or to ~1.20% U3O8 concentrate

# At $50/lb,1.20% U3O8 concentrate is normally $1320/t



Which means :
75 000t per/yr X $132O/t U3O8 concentrate =

Revenue $99 million per/yr