comparison, page-3

i have the far east capital report too
BLR is way up there out of the 30 potential producers.
top 5 in most categories
inferred resource
CAPEX $47million
head grade 1200ppm
cash costs $35/t
assuming $90/lb
this is 79million revenue every year
puts it on a price/cash multiple of 1.1x
mine payback 0.6
and mine life of 15.4 years
with all of the metrics put together I think its the best project out of all of them.

compare it to DYL for example
inferred resource
twice as much ore
cash costs of $39.88/t
the grade is three times lower (ends up being less uranium than BLR even with double the ore),
the capex is $255million (five times BLR)
the price/cash multiple ix 6.4x
pay back of 3.9 years
the only thing BLR has better is the fact its mine life is 30 years
AND... DYL is capitalised at $380million... 5 times more expensive than BLR

so does the market make sense?
i would think not.

AGS is heavily argued for in the report too because of the super high grade but its already capitalised at $400million.

given the numbers and the facts BLR is the best uranium buy IMO.