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will bhp olympic dam affect pen uranium price, page-3

  1. Trees
    43,813 Posts.
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    19/03/11
    11:24
    Post #: 8133481
    If that is correct wazbee:

    "...once bhp gets into full swing on their Olympic Dam project the price of uranium will be $8 a pound."

    How will BHP afford to extract the ore?

    A real catch 22 situation, ore needed but price too low to make a profit.
    PEN Price at posting: 8.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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