cheap uranium producer, page-2

my speculative guess is producing 1.5mlbs per annum and CAPEX maybe around $120M.

Current resource has 5 year mine life plus exploration upside.

@ $65lb revenue and $30lb costs, cash flow after tax (not accounting for tax losses) could be around $160m over 5 years or 64 cents a share.

Costs could be lower because processing the uranium will not be difficult. Relatively simple process.

If share price can return to 50 cents and capital raised, on 50% equity financing, shares on issue could be 250M.

Then there is the BIG upside of the 5km anomaly next to MRU.

I'm set.

Good luck to holders.