4 kg/t -wake up and smell the coffee
0.4% for 5.5m is an extraordinary intersection in anyone's books. The major partner here is the overseas company that owns nearby Beverley. AGS probably only get to be in on this because they had the ground. Bet AGM management are celebrating.
Will this run again - you bet - it will run hard and run again and again. 4 Kg/t -wake up and smell the coffee!
From the web I got that most Australian economic U resources are over 1Kg/tonne :
Name State Class Commodity Average Grade Grade Unit Total Resource Resource Unit Contained Commodity Commodity Unit Latitude Longitude Operating Status Angela NT MRS U3O8 1.3 Kg/t 3.62 Mt 3985.606 t -23.92 133.92 mineral deposit Bigrlyi NT MRS U3O8 3.7 Kg/t 0.59 Mt 1849.487 t -22.22 131.03 mineral deposit Jabiluka NT MRS U3O8 6.7 Kg/t 6.8 Mt 38634.88 t -12.499 132.914 mineral deposit Olympic Dam SA MRS U3O8 0.5 Kg/t 650 Mt 275600 t -30.44 136.889 operating mine Ranger NT MRS U3O8 1.9 Kg/t 0.8 Mt 1288.96 t -12.673 132.918 operating mine Valhalla QLD MRS U3O8 1.5 Kg/t 4.02 Mt 5108.352 t -20.389 139.369 mineral deposit Yeelirrie WA MRS U3O8 1.4 Kg/t 33.81 Mt 41258.592 t -27.182 119.904 mineral deposit
AGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held