Ann: Initial Resource of 35.9 Million Pounds U3O8, page-3

re: Ann: Initial Resource of 35.9 Million Pou... Hello sle,

I`ve got a similar impression.


IMO should be a favourable Resource against many other, because:

-shallow depth -biggest parts of the resource up to 60m depth(max. depth about 79m)

-they told about low Strip-Ratios, can`t found more about it

-minimum thickness about 2m, max. 41m, dry bulk density about 2

-resource to source about an area of 9km2(mainresource 6km2), but the radiometrics show an prospective area about 100km2((!!) see page 9: www.stocknessmonster.com/news-item?S=MRU&E=ASX&N=437116 , IMO looks very interesting), with an additional 33 "high priority" Targets

-mineralisation remains open in all directions &at depth

-if you take a look at the 10 individual zones, looks like a relative homogeneously Resource to me

-metallurgical results at this time show an recovery >90%

-78% of holes mineralised

-Tanzania is pro U-mining

-reasonable Cashposition with 25M A$


IMO there could be an excellent resource(expansion)potenzial &interesting potential future Cash Costs.


Any views??


Popeye