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westwinds

58 Posts.

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25/03/21

21:01

Post #: 52048802
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Originally posted by ausheds: ↑

Please do some basic research, 5 mins on Google, before spreading gossip here.

Virtually every RE deposit bar ionic clay will have some level of radiation, some like ARU Nolans & GGG Kvanefjeld are effectively uneconomic uranium resources and obviously relatively high, fortunately both Mt Weld & Dubbo are both relatively low.

MtW - 1150ppm/0.1 15% thorium and 50ppm/0.005% uranium

https://www.epa.wa.gov.au/sites/default/files/PER_documentation/A0611_R0646_PER.pdf

Dubbo - 400ppm Th & 100ppm U

https://www.ipcn.nsw.gov.au/resourc...ed-by-the-applicant/20141023-statementpdf.pdf

Most importantly Lynas ore, concentrate & tails all run around 6Bq well under international standards for dangerous goods 10bq, presumably Dubbo will be something in that range.

Lot more to that subject but re Lynas suggest you take a look at IAEA's two reports on LAMP vs ARU's EIA.

Lynas has run into a very ugly political situation Malaysian, with high probability there has been influence from northern interests, but don't think Dubbo is immune from political influence & NIMBY's:

"Fears over the mining of uranium in NSW have been revived by Alkane Resource’s Dubbo Zirconia Project, which is inching closer to approval.

Alkane Resources has not technically applied to “produce” uranium, but will inadvertently mine uranium and thorium."

https://newmatilda.com/2014/11/30/dubbo-fears-grow-prospect-uranium-mining/

Rather than playing on the fear factor to score a few cheap points on social media RE investors would be far better off doing some research and putting a balanced view in the public domain.

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Thank you for your reply.I now have a better understanding of the radiation situation at Mt Weld and Dubbo.

ASM Price at posting: $4.99 Sentiment: Hold Disclosure: Held
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