kah chairman - 500m lbs

The KAH share price has reacted well to the EXT announcement particulary with a few extra bit of info

"With a JORC compliant resource of 267 M.lbs U3O8 @ 487 ppm, Rossing South is already one of the world's largest uranium deposits. However, it has considerable additional potential as the uranium mineralisation on all zones drilled to date is still open at depth and along strike. This confirmed resource and the outstanding exploration potential still to be tested across the whole Husab project should ensure a long and successful mining operation. As we have mentioned in previous announcements, we believe that Extract has the ground and potential to deliver on Kalahari's uranium estimates of a resource in the region of 500 M.lbs U3O8.

We look forward to receiving regular updates from Extract as it advances the Prefeasibility Study, prior to embarking on the Definitive Feasibility Study and ultimately potentially creating one of the world's largest uranium mines."