You need to understand the process, the better the economics the better the funding.
Uranium prices are going way higher, if we had signed offtakes last year it would have been at $65lb, now contracts are being written at $85lb with $130lb ceilings. Rumour is there are contracts with no floor or ceiling.
AEE AISC of $35lb and writing contracts at $130lb with 3mlb production rate = US$285m OR A$428m per year (example)
DYOR
AEE Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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