Uranium spot vs price of miners, page-37

thanks Oracleyoda - but i didnt miss it. I used to be in mining - nameplate is just a theory.

operations with histories of glitches tend to always have glitches - and clean operations remain clean, whilever they are mining from the same pits/ore.

its usually because of the nature of material they process - not the equipment. some rocks are just easier to produce from than others.

so until i see it reach nameplate and maintain it for 3 consecutive quarters i would never take nameplate as a given when trying to work out if a company is about to make money or not.

better to be pleasantly surprised than unpleasantly.

the c1 isnt really an issue here, anyway.