Who knows when this down trend will end? But it will. Our trump cards is our location and the extra pegamite tenaments we picked up which when drilled will likely increase LOM materially. Apart from cost savings our location is suited to building a downstream chemical plant. A chemical plant can also take in material from other mines to convert. So we have some nice little things going for us. Have not heard anything about the gold or uranium prospects for quite some time.
CXO Price at posting:
80.5¢ Sentiment: Buy Disclosure: Held
