developers Bmn and Dyl before getting any dept finance for mine construction they must get off take contracts from fuel buyers
to satisfy lenders !,
and before they get any off take contracts they have to satisfy fuel buyers they can guarantee delivery
and must have uranium on there books 1mlb at least because of there size and dept needed
so they would need about $100m to secure that derisking uranium
that is a extra not thought about on top of the mine construction money needed plenty of dilution ahead for developers
remember when pen and Boe bought uranium to have on there books a few years back at about $30lb
and JB from Dyl said that was a silly play for any miners buying ?
Ann: Mineral Resource Increases 19.6% within Lance LOM Plan Area, page-40
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