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useeker

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useeker

Re: Tackler post# 3836

Thursday, 07/13/2006 6:27:19 PM

Thursday, July 13, 2006 6:27:19 PM

Post# of 12871
Quite right you are Charmane.

This is the problem with mixing metric and Imperial units.

Ballpark 1% U3O8 = $1000/tonne value

Ballpark equivalent = 1.667 ounces Au/tonne (51.8 grams

My original 25% U3O8 = 41.25 ounce per tonne Au would equate to 1% U3O8 = 1.65 ounce/tonne (41.25/25)
also 1% = 51.2 grams/tonne Au

Just like tackler's rebuttal.

Good stuff.
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