Uranium just hit US$60 per lb, WWI has full mining right to mine Uranium, page-4

Ah yes I see what you mean. Thanks a lot - that's helped me figure out what I was missing.

For anyone else who missed it - the uranium exploration this year is only for Bird Reef Central (ie stage 5) which isn't being considered for gold mining yet given its low grade and high costs. The scoping study doesn't consider stage 5.

From the report:

"Bird Reef Central (Stage 5) is excluded from the analysis due to its lower recovered grade profile and standalone infrastructure costs. The recent restatement of the Uranium Exploration Target under JORC (2012) code sits within the Bird Reef Central area and will be subject to further exploration and evaluation."

So the Uranium is at best a distant future potential add-on to a distant part of the project that isn't even the subject of the current studies. That explains a lot.

Thanks again.