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The all in all cost of uranum mining for a new mine to start or...

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    The all in all cost of uranum mining for a new mine to start or re-start is estimated to require a spot price or contract price of $50-$60 per lb.
    The Uranium spot price is currently $34 /lb.
    In addition no existing mines can survive on the current spot price.
    Prices have to go up or the lights go out!
 
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