The trial with Paladin was completed just before they announced closure of Langer Heinrich on 27 Apr 2018.
So negotiations went nowhere and Paladin had to sell off multiple assets including 25% of Langer Heinrich.
Below was the agreement we had with Deep Yellow before John Borshoff took over in Oct 2016 , he subsequently terminated the deal as it too favourable for Marenica ( Elevate Uranium ) and not the direction he wanted to take.
You only have to look at the terms above to see the potential of the U-upgrade , I think companies will be back as the savings that can be made and the less ore being processed saves on wear and maintenance of equipment.
This will be able to generate serious money as its not only suitable to Namibian deposits but many deposits around the world including some Australian deposits.
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