Here's a few things that I found interesting from the latest BRR interview (15th Dec):
Strategy
- ultimate goal is to become a significant uranium producer
Acquisitions
- very close to some deals with clear potential for value creation and upside (most likely In-Situ Recovery deposits)
- serious size projects (15mlb +)
UC19
- What Attracted JOGMEC: "virgin unexplored territory in the middle of a mature province where we know mineralisation has a great chance of being present"
- best intersection wasn't actually like Ranger or Jabiluka, but it was much more like Olympic Dam
Regional exploration holes in the West
- intersected exactly the same rocks as what you see in the basement in the East Alligator region (high grade unconformity uranium deposits)
- in first drill hole: strongly anomalous uranium at the unconformity - 30 times background
- signifiacance - exploring in Athabasca region (Saskatchewan): that level of uranium anonomaly would be taken as enormously significant
There was plenty more info in the BRR, but only took notes of info I wasn't really aware of or had previously written down.
Here's a few things that I found interesting from the latest BRR...
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