Well .. that can't be right..
Here are the current metal prices
...http://www.minormetals.com/
Just to simplify things let's just look at the V2O5 credits
You'll notice the V2O5 price is $6.50/lb or an 1/8th of the price of U3O8.
So even if we just look at U3O8 and V2O5 and forget about the other metals .. even at the lowest cut off grades of 100ppm U3O8
We have a deposit of 810MT @ 162ppm U3O8 and 2616(1/8)U3O8 =
810MT @ 489 ppm U3O8
but if we also consider MoO3 and Ni .. the grades equate to 650ppm U3O8
Well .. that can't be right..Here are the current metal prices...
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