could be a monster, page-6

With regards to the comment about "limited upside", let's think about that for a moment.

Upside could increase if any of the following occur:

* The size of the resource increases (currently being independently verified)
* Tyhe grade of the resource increases (currently being independently verified)
* The production/operating costs decrease (currently very conservative and also subject to independent validation)
* The capital contribution decreases (currently considered very conservative and also subject to independent validation)
* The production rate increases from the planned numbers (maybe an option??)
* The price of U308 goes up (supply & demand suggests this will occur)

Given the unknowns above that will have further clarity in the near term, I wouldn't kerb the upside at all!

Cheers,

dsm0