paydirt conference copy online at asx, page-16

Just to clarify Lionhunter's article 'from the archives', paragraph 9 should state the Four Mile grades are 0.3%, not 0.03% as written. And that's average grade. Its more than 10 times the grade of Paladin's Langer Heinreich deposit

The target resource in the 'confined' area is 50-60,000 tonnes, the article mentions up to 200,000 tonnes which is not out of the realms of possibilities considering the total area of the joint venture. At last year's AGM Ian Gandel mentioned fair value for the deposit, and I think they're thinking of the former figure rather than the latter in any takeover plays, and just maybe the board knows something about the true deposit size (and its value over a 20-30 year mine life in an up trending Uranium market) that we don't