re: Ann: Preliminary Cost Estimates - Rossing... I agree Beerbaron
Its useless working any figures on the spot price. They will lock in a lot of the early years of production via pre-construction off-take contracts at the LONG-TERM prices. The bankers will require this as part of the BFS.
$65-$70p/lb is the base case they will sell their uranium at.
It will be a VERY profitable project, hence the corporate interest.
re: Ann: Preliminary Cost Estimates - Rossing... I agree...
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