They have a lawyer and an accountant as directors - ?? My old professor Jock Hillis was on the board for a while (non paid gig) looks like they have lost all of their Geological Knowledge.
I would expect that a company like this should be able to partner with Olympic Dam ( as they have power reliability and cost issues). They have plenty of Uranium decaying producing heat (diffused Gen 5 nuclear reactor anyone?) and it is a hell of a lot easier to drill a deep hole from the bottom of a mine once you are already down 600m in already hot rocks. Heck you could mine a drive out from B Block - do the same out the other side of the mine at F Block and drill sub horizontal between the two. You could sell rock cooling services to the mine ie we will drill into your ore body down to 1000 - 1500 m pump water through it for 10 years and cool it ready to mine with out refrigeration ( phew that would save them a fortune).
PTR Price at posting:
4.3¢ Sentiment: Sell Disclosure: Not Held
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