"We estimate C1 cash costs of (adjusting for milling, transport and royalties) which positions BLR in the bottom quartile of the industry cost curve. It compares favourably to Paladin (PDN.ASX) which at their Langer Heinrich and Kayelekera operations in Namibia are currently producing at $33/lb; and Peninsula Energy (PEN.ASX) Lance project economics (DFS level) located in Wyoming USA highlights opex of ~ $38/lb."
