I'm thinking 150 million is peanuts when you look at a 6 million pound per annum mine. Even if we made $50 a pound that's 300 million per annum. Even if the intrest rates were on the higher side we have this covered.
The way spot prices are going we could be clearing $100 per pound or 600 million per annum.
A slight delay, A slight cost overrun, but production is imminent and will be commissioned just at the right time.
From what I'm hearing we are in a unique position in that there isn't a handful of mines that are able to be turned on at the moment. Everyone scratching their heads wondering where the uranium will come from.
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