I'll take a shot at predicting the future...They define 80m lbs+ of U ... Prob more like double given the size of surface anomally.
Fe is confirmed at 40% with Higher grade dso zones. They decide to split the co to spin off Fe in new entity. Start a small Scale Fe mine 1-3mt per year initally mixing in the high grade with low and think about benefication later once have some cash flow. Not unlike Sundance resources but much smaller.
Paladin takes over NGM by buying the remaining 80%. All long term holders walk away with a smile. Thats what my crystal ball says....but its is in need of a good polish and has been wrong before
NGM Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held