economic recoverable uranium, page-22

Thanks Hs,

Got this ISR presentation from the Ur-Energy website.

ISR Ur-Energy

Have a look at this snippett below and what their cost estimates are for a 2ml lb processing plant. It would seem that your comments on Gus being quite conservative are inline when compared to others.

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" Uranium In-Situ Recovery (ISR) Mining
Low capital costs ($20 to $35 million)
Environmentally friendly (common solute is
ground water enriched with oxygen and, if
needed, carbon dioxide or bicarbonate of soda)
Process essentially reverses the natural process
by which the deposits were originally formed
Works very good on solution front deposits in
porous & permeable sandstones (Wyoming, Texas,
Kazakhstan, Australia, etc.)
Ideally 14 V 24 months mining, 24+ months
ground water restoration and surface
reclamation
Production cost range - $18 to $25 per pound"
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NK