IOD 0.00% 18.5¢ iodm limited

large u targets at cloncurry

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    PDM has identified a number of u targets in limestone totalling a surface area of 10 square kms. In tonnage terms that equates to about 87.5 million tonnes of target rock (assuming the stuff averages 3.5 meters in thickness). This has potential to hold significant quantities of uranium according to Far East Capital.

    Bluebush lease will be granted shortly ( hi potential u target with a recorded drill intersection of radioactive material 60 meters thick at depth.

    White Cliff and Frogmore are also being drilled. Currently a very decent company at a very cheap valuation.
 
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