Importance Of High Uranium Grades & Depth Of Resource To Project Fundamentals

Here's a run down on just how Important Uranium Grades are to the Project Feasibility of a Resource.

In-ground Resource Value Calculated At An Exchange Rate Of USD-AUD=$1.2405
U.S.$65.00P/Lb ~ Aust$80.63P/Lb Uranium Long Term Sales Contracts.
1Kg/Tonne = 0.1%(1,000ppm)U3o8

3500ppm = Aus$621.97 P/Tonne * (AGS's Resource)
3000ppm = Aus$533.12
2500ppm = Aus$444.27
2000ppm = Aus$355.41
1500ppm = Aus$266.56
1000ppm = Aus$177.70
0800ppm = Aus$142.16
0600ppm = Aus$106.62
0400ppm = Aus$71.08
0200ppm = Aus$35.54