ERN erongo energy limited

The two Erongo radiometric anomalies measure approximately (1)...

  1. 4,847 Posts.
    lightbulb Created with Sketch. 1040
    The two Erongo radiometric anomalies measure approximately (1) 35 kms long by 5-10 kms wide (2) 15 kms x 10 kms. By comparison with Langer Heinrich radiometric signature the Erongo radiometrics are about 10 to 20 times larger. By comparison with Rossing they are about 3 times larger.

    This does NOT mean that they have a U deposit, only that the first signs are extremely positive. Typically airborne radiometrics pick up gamma rays from an exposed U source, even a very shallow cover of a few inches of dirt can mask the signal. IMHO the speculation in ERN shares may get heated. Current market cap is around $19,500,000 undiluted so ERN could easily double or triple IF the market is prepared to punt on the size of the raiometric signatures.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.