Initially startup has 2m lbs coming out of the ground.
around $60 lb (U) atm Atm 25% ($60 U)wont get us payback within the first two+ years (roughly) and that is barring any unforseen circumstances imo
Theres no need to ramp up production (5m lbs+) until Uranium is north of $80 a lb imo Its pointless imo
"(This project, thing of beauty, work of art)" Your words! So why did AGS want ownership of their 25% of finished product to sell themselves (remember that).imo
AGS haven't got 25% of 72m lbs U. AGS have 25% of what H/Q want to give them.imo
Big difference.imo
The one saving grace for you J1 is that you bought around fourteen cents and good luck to you but if you stopped talking through your pocket for one minute,you might just see what a mess this project is in.imo
Md
AGS Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held