GTR 14.3% 0.3¢ gti energy ltd

Ann: Response to ASX Price Query, page-36

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    In the ground and still uneconomical on a production basis, that is what everyone is waiting to actually see to be honest.

    Currently EV in ground uranium across the sector is not massive and totally varied.

    Guessing they need to drill out a lot more to find out what resource they may have and reserve. I'm guessing though more competition might show up to compete if things start to really heat up, or who knows, corporate activity if things become very viable.

    There is actually plenty of uranium in the Utah area and around White Mesa, so they are not the only company that has claims and mines because they have been mining there since the early 1900s, so lots of information to dig up to try and get a read.

    GTI has certainly brought some interest into the ASX uranium sector which is awesome.

    DYOR
 
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