uranium junkie calculations wrong
re: MSG by u junkie (at bottom of post)
if its 1800m by 400m by about 1.5 thats about 1mT. Multiplied by drill density of about 3, thats about 3mT @ at a grade of 0.02% thats
3,000,000 *0.02/100 = 648 tonnes. Nowhere do i see it holding 54,000t and your post is a blatant misrepresentation nor is it 1 billion dollars in situ.
"Quick calcs:
East 1800m x 400 m x 2 m = 1,440,000 cm
West 2000m x 400 m x 1.6 m = 1,280,000 cm
Let’s work on an average grade (0.02%)eU3O8
U 54,400 tonnes
approx 10 billion insitu
Time to throw away this calculator I think it is broken. Fcukin wa labor
Extract from today’s announcement
Continuity of shallow uranium mineralisation confirmed over: o Dawson East: 1.8 kilometres strike length, with width up to 400 metres and thicknesses up to 2.0 metres. o Hinkler West: 2.0 kilometres strike length, with width up to 400 metres and thicknesses up to 1.6 metres (still open to the south west)
Uranium Junkie - formerly known as aussie joe ---------- Investment tip - numbers don’t lie, people do ---------- I am the law and I am the law ---------- Cazaly Vs WA Inc - 2006"
UTO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
