ACB 0.00% 6.8¢ a-cap energy limited

This is being moved forward. Plus, from the ACB web site....

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    This is being moved forward. Plus, from the ACB web site.
    "Letlhakane is one of the world’s largest undeveloped uranium deposits with a JORC resource of 365.7 million pounds U3O8 with high grade resource of 103.8Mt at 450ppm U3O8.
    The project has the distinct advantage of having all the major infrastructure in place and is one of the only major undeveloped uranium projects in the world capable of being in production in 2 years at a low capital cost and competitive operating costs in a safe and stable jurisdiction following a board decision to mine.
    A mining licence application over the Letlhakane Uranium deposit was submitted on 18 August 2015 and is currently being assessed by the Botswana Department of Mines. An Environmental Impact Statement was submitted to the DEA on 24 April 2015, subsequently approved on 13 May 2016.
    Considerable RC and Diamond drilling totalling over 149,000m has been completed over the project area. The shallow mineralisation has been evaluated in the technical study with the project economics indicating a low capex operation. Opex is comparable to similar projects and the project can provide a positive NPV and IRR. The operation is based on low risk, shallow open pit mining and heap leach processing aiming to produce ~3 million pounds of uranium per annum over a project life in excess of 18 years."
 
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