Took a look at BOE it is interesting - from their website
*** Nothing like beating your own drum telling people how good you are
- 1. Fully Permitted with Export Licence for 3.3M lb pa with a JORC compliant Resource of 63.3M lb U3O8.
- 2. Existing plant valued at $170M in good condition which has successfully produced and exported uranium.
- 3. AISC of < US$24 /lb , ranking the Honeymoon Project in lowest cost quartile of world-wide producers.
- 4. Significant exploration target of 100M lb U3O8, with huge 80km potentially mineralised strike.
- 5. Team is highly skilled in the industry with an extraordinarily successful track record. ***
It appears it could restart production with not to much difficulty given an improved Uranium price.
The background on how CRB came to hold the options would be interesting - does anyone know? Clearly a no brainer to exercise the options
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