jorcs out, page-35

Evening all.

Bit slow to post hence the name !

My wrap up:

Thatcher was dissappointing to read. Thought grades were higher . Expected around 17-20m lb.

But upside was Bahi. C1 excellent for such a small area. Playa lakes A & E help the cause. 2 more lakes to look at (D and F) and then the big area that is Lake Bahi itself. May hold some pounds at the entry to the lake after the playa lakes.

Look the grades are not flash (nor is BMN, EXT, DYL, ACB, on and on and on...), but the difference is the deposits are SHALLOW and easily extractable at LOW COST.

Wait for the scoping study , but don't be surprised to read costs would be $10 USD per lb. Long term price at $90 (where 85% of uranium transactions are carried out at). Do your numbers yourself. To borrow puka's line...Hang in there...you get there !