Topic Uranium.
case study
AGE.
this map pretty much says it all.
they recently raised 1.75m to drill in multiple targets,
Now the first two holes returned were null , the nature of exploration.
But there are more targets under drill current outstanding.
The incredible thing to note, is the dummy spit, that presumably the clients of BW equities who conducted the 1.75m 0.7c placement raised for this drilling program, have spat, on these first two holes.
Yet, have a good look at what is on that map, for existing. WHat is in hand, for a 4m mc. !!! (998 m FP)
A high grade 6.5m lbs at Caramal,
others, 19m x 3626 ppm at beatrice. ( a JV with Comeco !! that we now have 100%, and comeco retain a 40% claw back if when on 100m lbs jorced says a lot about the DD)
they would like nothing more than to hit a ranger type discovery, but while they are in elephant country, step out drilling of any of the satellite prospects identified with drills already, would raise their inventory.
Seriously, what does 4m mc, buy you better in the U space ?
This video is a must watch
- Forums
- ASX - Short Term Trading
- XAO
- Short Term Trading Weekend Lounge: 28 -30 Sept
Short Term Trading Weekend Lounge: 28 -30 Sept, page-53
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XAO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,039.9 |
Change
27.800(0.35%) |
Mkt cap ! n/a |
Open | High | Low |
8,012.1 | 8,040.5 | 7,995.5 |
Featured News
XAO (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online