Ann: BOSS RAISES $4.3M TO FUND ACQUISITION OF HONEYMOON MINE, page-38

Its not hard to find positive views about uranium.....

http://www.*****.com/commentaries/2...it-and-Shares-Three-Ways-to-Profit-by-It.html


http://investingnews.com/daily/reso...fuels-ef-uuuu-fission-uranerz-cameco-denison/

http://www.marketwatch.com/story/uranium-poised-to-rebound-post-fukushima-2015-09-18

http://www.resourceinvestor.com/2015/04/13/uranium-has-bright-future

http://www.world-nuclear.org/info/nuclear-fuel-cycle/uranium-resources/uranium-markets/

Be aware that the Honeymoon plant was never fully commissioned...so previous costs may not be useful.

http://uranium1.com/index.php/en/component/content/article/9-mining-operations/225-australia

Also production technology has changed for the better.
see..
http://www.cleanteq.com/wp-content/...iumExtractionfromAcidicSalineEnvironments.pdf


...from the conclusions [and there are other competing products now, so active product market]...

IMPLICATIONS FOR THE URANIUM INDUSTRY
As high quality uranium ore bodies become more difficult to find, industry is searching for new processing methods for extraction of uranium in more challenging environments. Recently, uranium provinces in arid regions (most notably Western Australia, South Australian and Namibia) and the growing application of ISL have become the focal points of new uranium exploration. In almost all of these mines, sourcing clean (low salinity) water is becoming a challenge, and in some cases almost impossible. Initially conventional technologies were applied to allow the development of these mines. In
Namibia, large scale sea water desalination (SWRO) plants are being constructed to supply the fresh water for mine operation. The capital and operating costs of these plants is very high, and have the potential to seriously impact the economic viability of projects, depending on their size and grade.
In ISL and heap leach applications, the uranium concentration in solution is relatively low (100mg/L or less). As conventional IX is not suitable for saline environments, SX is an alternative as it can extract uranium in these conditions (e.g. Honeymoon Uranium Mine). However, SX is not economically attractive at lower uranium feed tenors when compared to IX, due to inefficiencies in the process. Therefore, at the lower uranium concentrations for ISL and heap leach, the SX plant needs to be larger to ensure adequate recovery of uranium. This increases the capital and operating costs of the SX system. In addition to these higher costs, the inherit risks of SX remain.
An IX system which can operate in saline environments would offer significant cost savings, when compared to SX. U-HiSAL™ now allows processes analogous to standard IX and RIP to be used in high saline environments. U-HiSAL™ used in these conditions significantly reduces the amount of fresh water required for the mine (>90% in some cases) and eliminates the requirement for SX. Due to the high resin loadings and simple elution processes, U-HiSAL™ is a low-cost process route for the next generation of uranium mines.
The potential impacts of this process could be enormous. Because of the ability to operate in high saline environments, previously uneconomical ore bodies can now have attractive returns. The elimination of desalination plants can greatly simplify the approval​

Do your own research, .... and there is plenty on the internet. Informed decisions are the best

good luck