bundey river uranium drilling progress, page-5

btace,

On a medium large scale of uranium operations, open cut, Bundey River might well breakeven on 700 ppm to 1,000 ppm U3O8. By medium scale I mean about 10,000 tonnes of U3O8 per annum.

Very good profits would flow to shareholders on 1,000 ppm to 2,500 ppm.

Now in case you have forgotten all that economic geology that I posted here a week ago, 10,000 ppm = 1% U3O8 and would have an in ground value of about $A1,400 per tonne. Remember, if we have a succesful uranium discovery it will be VERY large in this particular location.Conix