GDO 0.00% 30.0¢ gold one international limited

gdo to acquire rand uranium, page-27

  1. 1,350 Posts.
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    I think it is the cost, when it states produced 160,000 ounces AT 1220 per ounce, that sounds like a cost to me. Especially when the next paragraph outlines the intention to lower existing costs.

    They definitely need to lower those costs for it to look like a reasonable purchase. I agree that the uranium can come at a later date. But 2.5 million pounds is not something to be sniffed at. I would like to see the cash cost of the uranium per pound.
 
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