average at best , page-8

I asked yesterday about the grades it looks like answer is much more complex as you guys portraying,
looks like water is more important factor than grades:

"One of the purposes of the Advanced ISR series is to finally bury the misleading ‘Pounds in the Ground’ mantra. Some uranium companies have given the wrong impression about their resource estimates by championing the number of their historical pounds. Some of those pounds might never be mined or even permitted for mining. Having NI 43-101 compliant resources does not necessarily confirm whether companies have economic deposits in which the extraction process can take place. Water could be the issue. "

http://seekingalpha.com/article/31832-the-water-factor-in-isr-uranium-mining