BOE’s June quarterly indicates ramp-up of uranium production at the 100% owned Honeymoon project is progressing on schedule. Importantly, newly installed ion exchange technology is operating at or above expectations. Region drilling at the Gould’s Dam deposit returned intercepts of grade. Production at Alta Mesa (30% BOE) has also begun in the United States. See our recent BOE Initiation Research for a full overview of projects. We have accelerated our operational ramp-up model. Future catalysts could include confirmation of above modelled leach and recovery performance. successful completion of new ionic exchange tower construction and successful regional exploration.
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