EL8 elevate uranium ltd

resignation, page-2

  1. 41 Posts.
    Very interesting Indeed just ahead of the scoping study and a potential resource upgrade (due in the next fortnight).

    We know that Areva took out Uramin (Trekkopje) just after the release of their scoping study back in 2007 for a crazy price.

    Here we are sat on their door step with close to 100m lbs, whats more the resource is shallow calcrete which the scoping study should confirm is economic to mine (even at current low U prices - unlike Bannerman et al)at we are valued as 'uneconomic' at $0.8 per lb!

    Does this resignation finally clear the way for some corporate activity?

    Things are finally on the move here.

    D
 
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