Hi Bumpken,
Based on the drilling to date the resource is "inferred" in the sense that the mineralisation's quantity and grade/quality are estimated on the basis of limited geological evidence and sampling. Consistent with the results to date then they can expect ~ 800m lbs.
It would require further delineation drilling and confirmation of the consistency in order to give it the status of "indicated".
Nonetheless, it will be a large deposit and any indication that the Swedish government will overturn the uranium mining ban they bargained with the Green party will be a huge boost for Aura. I would dare to say that little or no value is factored into the share price at the moment.
Hi Bumpken,Based on the drilling to date the resource is...
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