Problem is that the uranium price is around $47 per lb and shows no signs of recovery. Mines are being mothballed, stalled development, or tenement finds just left. Needs a really first class near surface low cost find to raise confidence or rare earths combined.
I'd like to jump up and down with excitement but I can't see much happening at Nabarlek North to help in the short term.
uxa 30 hole drill program, page-5
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