http://www.*.com.au/companies/news/...nium-delivery-in-industry-landmark-66431.html
We are definitely in the money even in the current U environment.
"Peninsula has 1.9 million pounds of U3O8 contracted to utilities at a weighted average price approaching US$60 per pound, which is well above the current spot price (US$34.50 per pound).
This is estimated to represent about 40% of Lance’s stage-1 production per annum."
http://www.*.com.au/companies/news/66431/peninsu...
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