I think you may want to brush up on that DYL Tumas DFS… initial capex is A$570M. At US$65/lb U3O8, the IRR is only 19%!
Good luck financing that in current markets, especially with one of the most volatile commodities in the world behind the project. Retail punters all talk like Borshoff is some kind of uranium God but I think you’ll find institutional money has different memories of him…
I think you may want to brush up on that DYL Tumas DFS… initial...
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