So basically put it in any context you feel comfortable with, most don't understand the mathematics. Its not that the assays were bad on this J/V property its just that they were average for anything outside the "Elephant Zone" in the Eastern Athabasca. Needless to say they were initial targets and futher drilling will likely pull-up better results concidering that some of the Western claims have produced 100X World averages...
The Uranium sector is controlled by a few players, value for explorers is not always realized IMO Hathor investors never really got the value they should have, it was a steal even with 2 bidders IMO!
Anyhow., with the impending shortage and already high % finds that FIS already has its only a matter of time. Personally I have averaged down over the last few months even under these ridiculous market conditions!
Cheers all