This stock has yet to be re-assessed for this last report, to-days report has massive implications and as I see it, a re-rating of its potential will soon start to dawn on the big investors.
A meteoric rise similar to PDN is not counted out of possibilities.
Report extract:-
OUTSTANDING HIGH-GRADE URANIUM RESULTS FROM
SAMPLING AT MILE 72, NAMIBIA
Metals Australia Ltd (‘MLS’) is pleased to announce the following in regard to the Mile 72 uranium project in Namibia:
· Trial pit sampling at the Kudu prospect has resulted a number of outstanding assays including:
M72 KDUP 001 5, 329 ppm (0.53%) Uranium Oxide
M72 KDUP 002 23,113 ppm (2.31%) Uranium Oxide
M72 KDUP 004 9,639 ppm (0.96%) Uranium Oxide
· Trial pit sampling shows an increase in the grade of uranium as depth increases.
· The trial pits consisted of two sets of pits approximately 800 metres apart in the
southern Kudu prospect area.
· Initial pit and trench sampling shows a layer of uranium enriched gypcrete, of
variable thickness, overlying a primary uraniferous system at depth, hosted by mineralised alaskites and granites.
· An extensive programme of mechanical pit and
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Mkt cap ! $17.45M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.4¢ | $21.24K | 855.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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10 | 1043036 | 2.4¢ |
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Price($) | Vol. | No. |
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2.5¢ | 87538 | 1 |
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3 | 1321523 | 0.023 |
7 | 1977998 | 0.022 |
2 | 642857 | 0.021 |
2 | 150000 | 0.020 |
Price($) | Vol. | No. |
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