Thanks for your comments Oly. I for one value your GORM reviews and am an avid reader of your posts. Keep em' coming is what I say.
IMO, CMR really needs to ramp up exposure of it's potential Uranium resource as RJ looks like it could be outstanding with phenomenal Yellowcake grades compared to other global Uranium producers & hopefuls. For instance, there are a couple of U hopefuls in Namibia with approx 3x & 6x greater market caps than CMR who's own drill grades are minuscule by comparison to the extremely high Uranium grades that CMR have uncovered with it's past drilling results in an Oz state that encourages Uranium production
& export. Only problem as someone else pointed out in an earlier post is that HNC does not benefit in any way from the pursuit of U production by CMR which makes funding it very tricky especially in this current sh**e climate. Very frustrating as the current infrastructure in place for CU cathode/cobalt production only has to be tweaked to accomodate Uranium leaching etc. However, they have the blueprint, experience & contractor links emanating from the construction of the current facility which should not be underestimated IMO. Perhaps they could duplicate or construct some form of 'bolt-on' uranium processing CAPEX if they can somehow perform enough uranium test drilling to form an initial resource estimate & attract alternative investment funding. Maybe I'm dreaming, but maybe a party such as Far East Capital could be persuaded in the future to direct some cash CMR's way. C'mon Mr Grigor you know the intoxicating powers of the Rum. Hiccup!
Thanks for your comments Oly. I for one value your GORM reviews...
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