Tomorrow is potentially an importantday for more facts to emerge from THR re Bundey River. Although I believe that THR have not had time to have all the assays for all the recent drilling assayed, it is possible that THR has paid the premium for several check assays to be completed quickly to allow them to report--just not sure, but possible.
Just to allow us to compare with others that are operating profitably even at uranium prices well below these current producer prices of $US90 per pound, Ranger ore is averaging 0.16% U3O8.
When one of my companies designed and built that Ranger plant [not the mine and dumps, just the plant] we used the traditional crushing and concentrating designs, rather that in situ leaching as Moly has mentioned. So with all the benefits of modern tech, I would think that insitu would probably be more profitable for the same grades. Conix.
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)