1. HIGHLIGHTS
1. The WA Environmental Protection Authority (EPA) has recommended ministerial approval of the extension to the Wiluna Uranium Project.
2. Outstanding beneficiation and leach testwork results highlight opportunities for a new project design for the Wiluna Uranium Project to be investigated with potential significant operating and capital cost benefits.
3. For the quarter ending September 2016 spot and long-term uranium prices closed at US$23.75/lb and US$38.00/lb respectively.
4. Cash balance at end of the quarter was $9.3M.
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