I know its way too early to start guessing at the potential size of a deposit but I have done the follow calculations to show that at these grades like SFR and CDU, NUP dont need a huge deposit for it to be a motherlode
10Mts grading 0.5% U (5000ppm) + 5 g/t Au = 110M lbs Uranium + 1.8M oz's of Gold
20Mts would be 220M Lbs of Uranium and 3.6M oz's of Gold
People really need to get their head around the fact that grade is king!
With the above HYPOTHESIZED 10Mt deposit NUP SHOULD be THEORETICALLY worth $100m - $200m = 40c - 80c a share maybe more
please note the whole purpose of this post is to illustrate how unlike all the other U plays out there with these grades NUP dont need 100Mts or 200Mts, even 10Mts would be huge
DYOR
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