My understanding of the report is that they have been testing...

My understanding of the report is that they have been testing the loveringvite. Found U in it, but decided now that it is not really hosting a U deposit. They are now going to explore hydrothermal uranium deposit.
So whatever grade they found in loveringvite is no use because they are not looking at loveringvite deposits.
I think the initial and current report are deceitful. Really question the integrity of the mgt.