re: looking so goooood adjusted It seems UB was a little EXTcited last night lol. U price being $72lb not $75.
Adjusted figures starting at $72lb:
Based on only one indicated target zone of 40,000,000 tonne resource of .400 Kg/t. Estimate resource of 35,200,000 pounds of U308
Pounds of U308 Per/lb U308 Value
35,200,000 $72.00 $2,534,400,000
35,200,000 $77.00 $2,710,400,000
35,200,000 $82.00 $2,886,400,000
35,200,000 $87.00 $3,062,400,000
35,200,000 $92.00 $3,238,400,000
35,200,000 $97.00 $3,414,400,000
35,200,000 $100.00 $3,520,000,000
Add to this the new target zones and we have a potentially mind boggling resource, to state the least.
Current reported average grade of results is 1.13 Kg/t(excluding - the Rossing south zone, EPL 3349 Anglo results and the reported 9.7 Kg/t sample from the Ida Dome). Using these figures with a 40,000,000 tonne resource at 1.13Kg/t (which I add is unlikely) it equates to:
Pounds of U308 Per/lb U308 Value
99,440,000 $72.00 $7,159,680,000
99,440,000 $77.00 $7,656,880,000
99,440,000 $82.00 $8,154,080,000
99,440,000 $87.00 $8,651,280,000
99,440,000 $92.00 $9,148,480,000
99,440,000 $97.00 $9,645,680,000
99,440,000 $100.00 $9,944,000,000
These figures are estimates only based on my own calculations and information provided by EXT in past reports and should not be relied on for any decision to invest or otherwise. DYOR
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