Able to find the all in cash cost but not the weighted average price
From P10.
Importantly, the weighted average delivery price across these four contracts over the next five years is approximately US$59/lb U3O8, providing a significant cash margin overestimated all -in sustaining costs during stage 1 and 2 of the Lance Projects.
It's great to see they have been able to achieve this without giving away the farm.
Energy Fuels, UR Energy & UEC to name a few must be looking on in envy at the resources PEN have got concentrated into one operational fully licenced site. Having to deal with one jurisdiction & enonomy of scale to boot....
Hauber for $20,000 may put a cherry on top. With data from 5,000 drill holes (that works out to be $4 a drill hole, along with gamma logging, & chemical assay info many well be the coup de Gras for many of the nay sayers going forward.......What does it cost to drill one hole?? What does it cost just to get the rig on site to drill a hole.
PEN Price at posting:
$1.22 Sentiment: Buy Disclosure: Held
