summary of grades The grades are good but why does it have a...

summary of grades The grades are good but why does it have a market cap of $70mn odd?? Rugged terrain would be one of my reasons, another would be the huge no. of shares on issue. I cant think of anything else??

19th July:
4.5m @ 1.246 kg/t (1,246 ppm) U3O8, incl. 0.5m @ 9.597 kg/t (9,597 ppm) 2.0m @ 1.019 kg/t U308 10.0m @ 0.335 kg/t U3O8 10.25m @ 0.264 kg/t U3O8

28th September:
9m at 1.077 kilograms per tonne uranium with 5m at 1.853kg/t and 10m at 0.345kg/t.

21st August:
41 metres at 0.361 kg/t U3O8
* HDD005 - 8 metres at 2.316 kg/t U3O8
6 metres at 0.890 kg/t U3O8 14 metres at 1.063 kg/t U3O8 (including 11 metres at
1.337 kg/t).