Yes I do! But uranium grades can be VERY deceptive about their worth, and may I offer this statement as a general override.
At $US113 /lb U3O8 is worth $A300,000 per tonne. At $US140 /lb , as a poster states this am, U3O8 is worth $A375,000 per tonne. Now taking the lower figure of $A300,000 /tonne, 1% is worth in the ground $A30,000 for every tonne of ore; it follows that one-tenth of 1% is $A300 per tonne, and even less than half of that is still viable. So that the low grades encountered by earlier explorers could now be worth bonanzas.
Having said all that we should go back and re-read some of those results that THR has released. Then move our thinking to the now chosen areas, and we will find ourselves very wealthy. Good luck, U3O8
THR Price at posting:
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