Could you quantify, please. I've read their prospectus and the U...

Could you quantify, please. I've read their prospectus and the U grades are mostly quite mediocre (around 500 ppm). Also, all their projects are in WA. Plus, in order to qualify for a pro rata entitlement of less than 50% one is expected to hold shares in ARM which will in all likelihood collapse once the entitlement date passes. No, there are too many U companies and virtually all of them are nothing but dirt and blue sky.