Remembering that MEY is to conduct an amenability test work...

Remembering that MEY is to conduct an amenability test work program for U3O8 Corp:
http://www.marenicaenergy.com.au/do...testwork_program_for_u3o8_corp_2016-10-20.pdf


http://www.miningweekly.com/article...ract-attention-in-difficult-market-2017-01-14

"We're testing a method that achieved significantly better results on a similar deposit.  If the new method works more efficiently than our current method, we would process less material, which would lower operating costs, and in addition, the processing plant would be smaller, which would lower the capital cost of building a plant," Spencer stated.

A reduction in both operating and capital costs, combined with higher grades, would have a marked impact on the economics of the project - it is likely to make Laguna Salada one of the lowest-cost potential producers in the industry, according to Spencer.