massive potential not far now!!!, page-5

Hi
The Sentinnel result is outstanding
5-10 mill llb target for U
Economics for U only production are $30Mill net pa for 250000llbs pa
Using 7.5mill llbs as the midpoint of the range the mine life would be 30years

The germanium potential is huge once an economic reagent can be ulilized for recovery
The mid point estimate of their germanium resource is 900tonnes or 900000kgs @ mkt price of $1000per kg
= $900mill less expenses So if the extraction exps can be bought to $500 per kg there is a $500mill profit
This would be subject to a JV split

So this one project alone has the potential to rerate PMH over the next year

The other exciting news is found on Nevada Copper's web site GOOGLE NEVADA COPPER
There's an article from the Northern Nevada business weekly which outlines the level of new funding going into the area and the likely rationalization of the Yerrington area

The price should begin rerating over the next few months
as futher announcements are released into the media

WAIKEN