It would be considered a fairly low grade uranium ore (on the grand scale), however many Namibian producers/developers are in the 400-500ppm range (PDN:asx for example has an average grade of 426ppm, but a resource size of 120 million pounds - so scale matters). Also Australias Boss (BOE:asx is operating with only slightly higher ppm at average of 620ppm). It will come down to other factors such as depth of grade (how deep is the ore vein), scale of the deposit (how big it is overall), and also the best way to mine it (a big hole/digging, or ISR). Few factors at play - time will tell. It's interesting. https://www.marketindex.com.au/news/the-definitive-guide-to-asx-uranium-stocks-part-3-boss-energy
It would be considered a fairly low grade uranium ore (on the...
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