Think the answer may lie somewhere in the middle. Overall it's...

Think the answer may lie somewhere in the middle.

Overall it's not necessarily "high grade" which doesn't mean a lot until:

1. They fully determine the grades near surface, which so far are very encouraging
2. Finalise drilling to determine the total resource grade with due regard to economics where higher grades at surface make or break a lot of projects.

I think the point of the release is to remind people that Karoo has legs in the future when many commentators see a shortage of uranium. As HS suggests, the Russians or Chinese may be very interested.