Absolutely I do think finance will be executed without U price moving up. I think financers will want to see a % of production under contract, and then they will be happy to lend against that (and the projects economics overall). The company probably already knows what this amount or % is, and are they are well underway with offtake negotiations at the moment.
At $39 contract price - $25 AISC that's still very robust margins (56%), so I think the bank should like the project even at current U prices.
Ann: Feasibility Study Lowers Costs & Increases Financial Returns, page-7
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