I agree - great little company, working their socks off, using 2 drills to finish off Koppies to Jorc, now adding a third drill .... and all while spending sod all $s.
The only niggle I have is with the ore sorting; Deep Yellow (and Paladin) have trialled U-grade but decided not to proceed. Deepyellow have since issued their rather underwhelming DFS using their own ore sorting techniques. Surely it should have been a no brainer for Deep Yellow, if the technology is that good.
I think the EL8 2022 road map originally had "build a trial plant" in the plan. The plan subsequently changed because of the realisation that Koppies could be big (which is fair) but I would like to see justification that 100ppm holes can be mined economically.
EL8 Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
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