Ann: Four Mile Uranium Project - Final Scoping St, page-7

re: Ann: Four Mile Uranium Project - Final Sc... Currently after holding for about 5yrs my average is about $1.60.

Still got hope this will do well and my time horizon on Uranium is a long one.

So what have I missed here guys?

It says they think a standalone 5Mtpa project is the way to go.
Thats $168 Mil in capital costs and equates to A$21.73/lb.

Now I know the grades are pretty good but isn't that expensive?

Still cheaper than Bannermans $38-$41/lb but thats a bit like apples and oranges in respect to a number of things ( labour costs, tax, U308 etc etc )

It just struck me as expensive...is it?

Still a long way to go for Alliance.