I don't know much about the leaching process, but I think its important to be clear about what's going on. Yes it's taken a lot to get to where we are now. However, its not as if its taken 4 years to build, test, and determine the correct leaching process - that's more like the last 4 - 6 months or so. Yeah I've lost track too and I am disappointed but the report seemed frank and transparent so when they say that these are normal technical challenges, I'm inclined to believe that its business as usual. Its not as if the uranium has disappeared and what is reported about the localised absence of uranium seems to make sense given the small scale ot the test unit. Furthermore it justifies the strategy of the field trial especially given the low cost. On the upside, the market didn't seemed too worried about the result today.
CUY Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held