McAurthur River yields Cameco (CCJ) over $ 1.2 billion a year @ U2O3 $27/lb and CCJ has only about 60% of that deposit. Uravan, now has 100% of the Outer Ring property whose tentative indication is that the structure looks just like McArthur River. McArthur River has, I think, a NPV U2O3 @ $27/lb of around $20 billion. UVN has a market cap of about $6 million. What's the catch? Outer Ring needs to be drilled for a test.