Uranium, 30% Free Carried by Toro, S.A.
Pre JORC Compliant Deposit 11.8Mt@0.034o8 = 8.8M lb's u3o8
Pommigranite said:Can someone please explain to me how 11.8MT *0.034 = 8.8Mlbs?
11,800,000*0.034 = 405,920
405,920*2.2 = 893,024lbs
It's 0.034%.. so
11,800,000 * 0.034 * 1/100 = 4,012 tonnes
2200 pounds per tonne
4,012 * 2200 = 8,826,400 = 8.8Mlbs
srz seems to be on a good run today.... I have not heard of any news yet... anyone got any thoughts on this ?
Both Toro (TOE) and SRZ are up today, Toro has jumped back to being over $1.20 today, having hit under $1.10 last week.
The updated assays from the Uranium JV might not be far away im guessing.
Hi,
Looks like the Research report for SRZ by Taylor Collison Limited has come out...I can not get to it at the moment but this will be interesting.....some rerating I hope... =
No price targets.
Just rated a speculative BUY and some peer comparions given to PNN and TOE, and they conclude it has "Further upside" with market cap of only $23.8m fully diluted.
Lets see how she opens.
Here is the front page. The detail is worth reading. The report is on their web site.Hi,
Looks like the Research report for SRZ by Taylor Collison Limited has come out...I can not get to it at the moment but this will be interesting.....some rerating I hope... =
SRZ is seen as a diversified mining company so its not being rated as a pure uranium play.
I think the tasmanian side of the exploration is just as exciting as the uranium.
I was trying to find an entry at 33.5 but I missed it as not enough big orders were going through at that price.
where do people think this stock will head?? Lots of good news.
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