ORP 10.3% 3.5¢ orpheus uranium limited

full steam ahead

  1. 1,412 Posts.
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    Well the Quarterly Report certainly contained a lot of technical information that has taken me a lot of time to get my head around.

    In simplistic terms (because I am a simple man) my interpretation is that they are hell bent on increasing the Sihayo Resource as well as bringing it up to an Indicated JORC Resource and fast track their way into a producing Gold Mine sooner rather than later.

    This seems like a wonderful step forward and whilst there is still exciting potential at Hutabargot Julu and Sejuk to host rich deposits it is clearly a good business decision to have a producing Gold mine whilst further exploring these options in the future.

    Exciting times ahead.

    I also note with interest that they are indeed talking with several parties in regards to divesting the Malawi Uranium Projects.

    There are also more drilling results due soon and further drilling currently taking place so hopefully the upgrade of resource will come soon and the market will start to take notice in a big way.

    The short term future is looking so bright that I have to wear shades. :-P :-)





 
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