please explain, page-7

I am no U expert, but the fact remains this area of SA has numerous operable in situ mines, Honeymoon ??downstream / upstream on the same paleochannel system from Oban deposit and HAV leases, how could the chemical composition be so different as to prevent an operable mining operation, Bob says it is in equilibrium and thats apparently a good thing, it is all taking some time though.
Some people 2 years ago thought it was worth nearly $ 3.00 per share. Deposit is much bigger now and heaps of paperwork out of the way, just still not finished, I reckon waiting will be rewarded, only 66 mill shares on issue