They might need to adjust that AUD/USD exchange rate higher from 0.7000. We're at 0.81 odd right now. Thats a 15% difference.
Additionally no need to worry about current spot price of Uranium having to reach US$60, it sounds like that if U price got to US$40 they could lock in long term contracts around US$60.
Ann: Mulga Rock Project DFS Confirms World-Class Uranium Project, page-8
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