I88 9.68% 17.0¢ infini resources limited

IPO - Infini Resources Limited - 16 January 2024 #, page-6

  1. 641 Posts.
    lightbulb Created with Sketch. 66
    Let's talk about the Uranium prospects for a second.

    Yeelirrie was sold by BHP to Cameco for US $430m in 2012. If the ban in WA is lifted, I feel like the tenement #I88 now owns, courtesty of monsieur Pervez will become a big focus.

    "At 31 December 2018 the measured and indicated resource for the project was 58,100 tonnes (128.1 million pounds) of U3O8, with an average grade of 0.15% U3O8." - Cameco

    Next we have the Des Herbiers project. According to the prospectus, historical exploration and drilling have unveiled a significant amount of low-grade, near-surface, bulk tonnage uranium. Des Herbiers possesses a JORC compliant inferred mineral resource, which amounts to 162.1 million tonnes (Mt), with an average grade of 123 parts per million (ppm) U3O8.

    We can talk about the rest later. However, I believe that these two will undoubtedly become significant focal points once the bans in their respective countries are lifted.

    Uranium is inevitable.


 
watchlist Created with Sketch. Add I88 (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.015(9.68%)
Mkt cap ! $6.457M
Open High Low Value Volume
16.0¢ 17.3¢ 16.0¢ $13.33K 81.87K

Buyers (Bids)

No. Vol. Price($)
1 946 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 9948 2
View Market Depth
Last trade - 14.53pm 10/05/2024 (20 minute delay) ?
Last
16.5¢
  Change
0.015 ( 3.13 %)
Open High Low Volume
16.5¢ 16.5¢ 16.5¢ 1002
Last updated 10.48am 10/05/2024 ?
I88 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.