initial drill results from uranium available n, page-2

U r behind the times Conix ........ 0.01% is 2.2 lbs / tonne. An open cut resource of average size grading that would be nothing short of sensational.

Gone are the days of yore when u needed 5 lbs / tonne @ 1 lb /t cut-offs with Uranium price at USD 10/ lb. Spot U is now at 136 heading for ?????? over next 5 years.

Current cut-offs used are 0.5 lbs /tonne but reckon even this will be lowered with higher prices likely.

PDN's flagship Langer Heinrich resource is at av 1.3 lbs /tonne grade.

"Easy" U is likely to be commercial at av 1 lb / tonne if u can come up with a resource base say, around 10 mill lbs (with IGV USD 1.36 billion at spot).

Someone in here previously suggested 10,000 tonnes modest goals for the cake? That would be 22 mill lbs with IGV USD 3 billion at spot and would launch THR into another Galaxy with me a whiter shade of pale doing cartwheels across the floor.

Wonder how realistic such targets are?

Love to know the boys' cosmic visions on this and brand of smoke when having such.

Now u know what Im playing this baby for ........with Molyhill underwriting the play praise Zeus.

IMBOOC