Auto. Imo, I think NF will want to get the uranium plant up & running. That will drain a lot of cash. I don't mind, as long as it's done sensibly & with the least amount of risk. Like you say, if they can reduce the cash cost for mining gold alone, then margins/cashflow will be good (while the gold price is high). These cashflows can then be used to progress the uranium play.
As I said before that I liked the simplicity of the company as it was. However, if NF can pull this off, then GDO is going to be a multi billion dollar company. That's a big IF though.
I'm happy to have some uranium in my portfolio at a cheap price. There aren't that many good companies out there with the assets, the expertise, and the money to bring their uranium into production in a reasonable timeframe.
With GDO, we have a company with proven skills in getting a mine up and running, as well as the ability to use existing infrastructure to help bring the asset into production.
Things are certainly becoming very interesting. Gold up massively overnight too & breaking out on the monthly chart.
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