Farmer I dont understand why it is extremely important to understand the current sale/profit regime at 4mile. Publicised comments/opinions are uranium needs to be up over $70 US to encourage the supply required to meet demand. If a high yielding ISR mine with processing plant and infrastructure already developed on its door step costs $40 lb how are new mines going to be developed on present margins?
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Ann: Sale Of The Four Mile Uranium Project, page-155
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