Statement was Released 29 April leaving one day for announcement of resource upgrade. It must be extremely close. Management did not hit deadline and could have said June Qtr ..... so they look a bit stupid.
"An updated resource model, based on additional assay data, was completed in
August 2008 and this contained an estimated resource of 334Mt @ 0.03%
U3O8, inclusive of 215Mt @ 1.21% REO, and 201 million tonnes @ 1.11%
NaF. The REO component of this model was still affected by a shortage of
sample assay data. The next resource upgrade, due in April 2009, will contain
a complete suite of sample assays. At this stage other elements, such as Tin,
Beryllium and Niobium, have not been modelled, as these are not considered
to be present in commercial quantities."
volumes still high, page-2
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