just trying to introduce some concepts of project evaluation.
opex figures for any project are always subject to change based on new data and overarching cost input assumptions. in fact they ALWAYS change...even in operations.
MASSIVE FAN of RS guys but also fan of ETANGO.
Anyway we are digressing, U deposits are (in the past anyway) often valued on NON NPV parameters. Strategic/Lbs in ground etc.
Im not saying i agree wiht that methodology...its just an observation from the Uramin/Summit etc transactions....
FYI
unconsolidated dry sand has a natural angle of repose of 30 degrees. if you want see what i mean go to the beach and dig a hole in the dry sand....see what it looks like.
Cheers Harlee and team, fun discussion!
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