I think we are now venturing into unchartered territor for the company, but not the property.
From the latest announcement with the results of drilling of the various Tailings Dams, NMR have come up with "Significant" uranium in all but one above the cut-off of 100ppm with most well above the 200ppm and, one exceptional hole with a section of 864ppm.
Como Engineers have submitted their interim report which, based on recoverable reserves being finalised, have set out a design scope for a production facility.
This is what I had hoped for and with the new technology set out in the proposed rocessing, the environmental issues are being addressed up front for a change.
Wonderful news IMO and I really would be surprised to see getting knocked any more.
Well done management. Not sure what time this was released but looking forwward to reactions tomorrow.
NMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
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