Yes, very difficult to compare but the relatively low capex should result in a superior ROI return for ISR operations that have some scale.
I think eventually there will be some form of floor price for U caused by demand to ensure there is sufficient supply. Obviously the largest U producers by volume will be higher cost open cut and underground operations and they will need a minimum higher price to produce than low cost ISR operators.That augers well for us i think.
less than four months to initial jorc, page-4
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