Take the dimensions of Ackio mineralization. Compute the volume of a spheriod of those dimensions. Guestimate a range of average grades over that volume based on the reported Ackio grades. Compute the mass of uranium over that range. Consider the market value of that potentional resource. Consider the fact of the favourable economics of shallow mineralization. Consider that fact that there are two mills literally up the road.
,I'll make it easy. Ask your favorite AI the following: "How many pounds of uranium is in an ellipsoid volume of ore that is 375m long, 150m wide, and 110m deep, assuming average ore density, and 0.01% uranium by mass?" Those dimensions are from their most recent coporate presentation. The ellipsoid assumption is mine. The answer I get is about 1.8m lb U. That's per 0.01% of average mineralization. Now consider the average grade is on the order of 0.3% over the mineralized zones (implied in this video). Now try to imagine a reasonable average over the entire nine pod area of Ackio (dimensions above). Do you get the picture?
@@jptrainor Is thee anyone who would not want to own 10 million pounds of easily mine-able uranium at $100 a pound? The math of Ackio is beautiful and it wil be bigger than that ...
@@scottmac2436I don't know where he gets his 0.3% average from. Per hole? Per pod? Over the entire deposit volume? That's an uncertainty. If it's over the entirety of the nine pod volume then it's a large deposit.
The only hope is for a strong uranium bull market and spot going very high. ‘In a hurricane all turkeys can fly’, otherwise there is much better places to position in the uranium market right now, near term producers which have seen their share prices drop 40-50% recently. Why on earth would you invest in an explorer with no delineated plans, the mind boggles
And another 8% drop in share price today, can it go to $0? 92% down from Oct 2021. It's incredible how little this guy understands about running an exploration company. Shocking
Brocken man with no answers or plan, just hoping the drill hole finds something. Could not answer anything, quite embarrassing. He cannot make his mind in that deposit to drill further, nor the timelines, nor whether he will JV…quite bad, running the company to the ground. And if AKIO does not deliver then last one turn the lights off
Hearing that Baselode is cashed up for next year is music to my ears. Added shares.
This looks like the bottom has come because the comments are so negative. I just bought a lot more of Baselode to hold and grow.
Need that maiden resource in Q4!
Take the dimensions of Ackio mineralization. Compute the volume of a spheriod of those dimensions. Guestimate a range of average grades over that volume based on the reported Ackio grades. Compute the mass of uranium over that range. Consider the market value of that potentional resource. Consider the fact of the favourable economics of shallow mineralization. Consider that fact that there are two mills literally up the road.
,I'll make it easy. Ask your favorite AI the following: "How many pounds of uranium is in an ellipsoid volume of ore that is 375m long, 150m wide, and 110m deep, assuming average ore density, and 0.01% uranium by mass?" Those dimensions are from their most recent coporate presentation. The ellipsoid assumption is mine. The answer I get is about 1.8m lb U. That's per 0.01% of average mineralization. Now consider the average grade is on the order of 0.3% over the mineralized zones (implied in this video). Now try to imagine a reasonable average over the entire nine pod area of Ackio (dimensions above). Do you get the picture?
Look at sp.. stop the hype... you are also another ceo getting 2 salaries.. the drill sux why you hyping it up
@@dotagedrain7051 lol
@@jptrainor Is thee anyone who would not want to own 10 million pounds of easily mine-able uranium at $100 a pound? The math of Ackio is beautiful and it wil be bigger than that ...
@@scottmac2436I don't know where he gets his 0.3% average from. Per hole? Per pod? Over the entire deposit volume? That's an uncertainty. If it's over the entirety of the nine pod volume then it's a large deposit.
The only hope is for a strong uranium bull market and spot going very high. ‘In a hurricane all turkeys can fly’, otherwise there is much better places to position in the uranium market right now, near term producers which have seen their share prices drop 40-50% recently. Why on earth would you invest in an explorer with no delineated plans, the mind boggles
And another 8% drop in share price today, can it go to $0? 92% down from Oct 2021. It's incredible how little this guy understands about running an exploration company. Shocking
James look defeated.. the interviews is biased.. host is basically trying to say good thing but he did ask some hard question
This looks like a huge bust, but when you are down 90%, might as well wait another year. Such is the game of explorers.
Wow, finally, partnership.. this means your broke and invester are not interested anymore..
Brocken man with no answers or plan, just hoping the drill hole finds something. Could not answer anything, quite embarrassing. He cannot make his mind in that deposit to drill further, nor the timelines, nor whether he will JV…quite bad, running the company to the ground. And if AKIO does not deliver then last one turn the lights off
Ackio MRE at the end of Q4, he was clear about no JV.