What I hear, is that what MOK refers to, in.... this post, directly before this post, is that the Hodgkinson 3d modelling may be ready in the time frame referred to--- ie: 3-4 weeks Max...
However; due to perceptions from last set of 3d modelling, I am surmising, and have no authority for this-- JUST and ONLY my personal surmising --- that maybe they will this time release these Results .... >>> TOGETHER ..
With their own (ie: MTN) fresh new; and current Drill Results ...which going from the latest -- MTN (ASX) Up-date Report; will be for Mount Gee and Armchair and then Hodgkinson....
Get the distinct impression, that this is to have twin objective.... of upgrading from "Inferred" to "Indicated" or even " Measured" in part -- as well as also Up Grading significantly ---the currently Quoted JORC Uranium tonnages....from the current 33, 500 --or so --Uranium Tonnes .... ( This info is all laid out; in the last paragraph, on page 2. of the just released Simplified Report -- ) .
Two more interesting Points to definitely note....and just keep to yourselves !!
Note that the so called "analyst" from Intersuisse --LOL ---splutter eh what !! derrrrrr...
is puutting MTn in same basked as companies that are not a 1/10th of the way forward.... so no one is doing their homework...
And also comparing Uranium to Nickel, Gold or Iron ore...
WRONG. sorry.
It is not a cyclical play like nickel.
....Uranium cannot be viewed in the same way as a Dot Com....or in the same way as a Metal Commodity... Why not.
Simple laws of Energy Economics and Scarcity...
--- and Current Real Market Laws of Real Global Needs, and Supply and Demand..... are these analysts on something, comparing a In Demand Base Level Energy for about 50% of Global Population, with Dot Com ???
Article Reprinted Below:
Why ?? Uranium is used for everday Base level must have 24/7 every day of the Year, regardless....ENERGY .... in the relevant Global Markets in which Nuclear Energy is currently required...ie: Japan, Germany, Sweden, England, United States, Russia, India, Pakistan, Iran, China, France,Canada, Indonesia, Belgium, etc etc etc.... Also currently, not on the debate burner, but currently China and Russia and other countriues are NOW currently building more Nuclear Power reactors.
They have to.
That simple.
See Press Release from 2 - 3 weeks ago ...
MOSCOW, July 28 (RIA Novosti) - Russia and China have signed an $86.5-million contract for the construction of the world's first floating nuclear power plant, Vladimir Uryvsky, deputy department head at the Federal Nuclear Energy Agency, told the newspaper Trud.
China will build the body and Russia will be responsible for the power block. The plant will look like a ten-story 140m-long and 30m-wide floating building with the displacement of 21,000 tons.
It is to be sited in Severodvinsk, in the Arkhangelsk region in Russia's European north, to supply electricity and heat to the Sevmash defense enterprise there.
Its will have a 70-megawatt capacity and a maximum thermal capacity of 150 gigacalories per hour, enough for a city of 200,000.
The construction is to begin next year and end in 2011.
Uryvsky said the 6-billion ruble ($208.84 million) project would be recouped in 12 years with electricity returns of 46 billion rubles and thermal energy returns of 61 billion. Accrued profits are expected to top 65 billion rubles during the plant's exploitation.
The plant will use the closed technological cycle and multiple hermetic protection.
The energy block will have five independent safety barriers, more than those on a nuclear submarine or icebreaker. Even the first stationary nuclear power plants did not have such protection.
The block could not even be depressurized if a plane crashed down on it, giving the design full safety guarantee, Uryvsky said.
He said the design also includes anti-terrorist measures. Divers and submersible craft will be stopped a long distance from the power block.
Such plans will be in demand in Siberia and the Far East, which are short of energy. The leaders of the nuclear energy sector and the administrations of the Chukotka autonomous area and the Kamchatka region have signed declarations of intentions on the construction of similar power plants. Canada, Indonesia, India and several other countries have expressed interest in the project.
.......... ----- ENDS --......
Kind Regards,
Robbo
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