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0.00% 23.5¢ white canyon uranium limited

Ann: Final Details of White Canyon Uranium Ore Pr, page-2

  1. Tombu
    625 Posts.
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    03/03/11
    08:16
    Post #: 7986316
    re: Ann: Final Details of White Canyon Uraniu... So if I read it right the situation is :-

    Uranium produced = 204,450 lbs

    Given to D to pay for milling = 86,650 lbs = $29/lb
    sold = 107,000 lbs
    still to be sold = 10,800 lbs

    Gross Proceeds after Milling Costs = $ 40 / lb

    So Dennison, even at the current high uranium price, take 42% of the sale proceeds.
    WCU Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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