wme presentation munich- 6th november, page-7

Borrowed from BMN thread was looking for this article a couple of weeks ago

Interesting article on the profitability of high grade v low grade uranium mines.

http://www.safehaven.com/article-13857.htm

Also interesting broker report from late 2007 comparing BMN v EXT

http://www.extractresources.com/DesktopModules/Bring2mind/DMX/Download.aspx?EntryId=3208&PortalId=13&DownloadMethod=attachment

Initial scout drilling from Rosing South returned grades of 100 - 188 ppm. So still hope for Hyena to contain high grade uranium and hopefuly on a grand scale.

'Having said that, on 30 August 2007, EXT announced that scout drilling has
identified anomalous uranium in alaskites over a width of 160m. A line of six shallow
holes were drilled through 40m of transported overburden and leached saprolite, at
80m centres. Three of these holes returned anomalous uranium from 100 ppm to 188
ppm, spanning 160m across strike'