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Ann: Lotus Secures Additional Uranium Offtake with Utility, page-6

  1. 5,300 Posts.
    lightbulb Created with Sketch. 950
    "Contract pricing based on an agreed US$ base price referenced from the current published long-term prices (with escalation) - delivering a very attractive margin over Kayelekera’s expected AISC1 "

    Noted today the current published long-term price is USD$80lbs

    Also see in todays QTRLY that "Lotus announced additional offtake arrangements for a total of 800,000 lbs of uranium for 2026-2029, at an escalated fixed price, with North American power utility PSEG Nuclear LLC1 "

    This announcement had "a total of 800,00 lbs of uranium for..." I was doing some maths and had copied and pasted to avoid typos

    The math's yesterday was 60 million $USD shorter

    Long term price now80
    1uranium offtake800006,400,000
    2Actualuranium offtake80000064,000,000
    https://hotcopper.com.au/data/attachments/6771/6771194-34672f8f7fecee284eb0df78b8cac00a.jpg
    Nice one which I had assumed a typo just not mine


 
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