uranium resource update, page-2

Hi Chris,
I too think the uranium market will see a massive rerating, probably not this calendar year but defiantly next year.

Regarding the announcement I would say the grade is good but overall resource brought to jorc is not that substantial.
It only equates to a years production from a modest north american isr mine.

Do you know much about the export license that Ema have and how it may generate some revenue in the future ?

They are certainly one of few urananium companies that will easily ride out the current malaise.