galileo, i agree with you. Time bomb and the plant was meant to...

galileo, i agree with you. Time bomb and the plant was meant to be shut down 1 month ago but.....


wormy i am still holding a lot. sold 1% yesterday for sake of it.

at the current 3.6c x 740 m = 26.6 mill market cap.

roughtly 10 mill in cash = 16.6 mill for the coal and uranium assets.

lets leave out the uranium asset for argument sake.
coal asset 130 million tons + 500, 000 tons that can be retrieve from tailings even this year and i suspect that there is no reason not renew the mining permit, then we have
130 mil x roughtly $100 per ton inground = 13 billion dollars +
500, 000 of tailings = 50 mill cash - expense - cost - everythign else

so if they are going to get the tailings out into cash then we will be sitting on significant cash backing soon . current is 40c cash backing per 1 dollar share

Time well tell whether my assumption is correct.

it is really good to have the coal asset in the current climate.

all the best holders.