good news, page-16

Bollingerbob,

Great post. You certainly know your stuff.

Can you tell , what is the breakeven point is terms of LT urainium price for many other uranium mines?

Is the current LT uranium price currenly $60/lb ?
What was it say 2, 5 mths ago?
I guess it follows the spot price.

Russian HEU being pulled from the market? So the below paragraph is no longer going ahead? So thats a positive news to Uraniam miners, but crappy for the living soles of the world.
The 1993 U.S.-Russian HEU Purchase Agreement is now 80 percent complete and by 2013 will convert 500 MT of HEU from dismantled Russian nuclear weapons into low enriched uranium (LEU) for peaceful nuclear energy use. Nearly half of all electricity generated in commercial nuclear reactors in the U.S. comes from fuel that has its origins in Russian nuclear weapons.