re: Ann: Company Presentation - Mines and Mon... In a couple of PEN previous ann's:
For those who still think the spot price is irrelevant:
"Sales of U3O8 are predominantly contracted on a long term basis with prices determined by a pre-set formulae linked to the reported term and/or spot prices."
For those who think the current uranium price in the NPV calculation is spot and got really excited:
"Base U3O8 selling price of US$56/lb (current long-term contract price), escalated at the minimum industry standard escalation rate, and has been used from Year 1 in all NPV calculations, with a $6/lb step change at the end of Year 7."
re: Ann: Company Presentation - Mines and Mon... In a couple of...
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