A 3.3x increase in original grade does not mean a 3.3x NPV.
You don't actually get more Uranium this way you get less.
But you need to process less material so operating cost/pound should go down. You potential need a smaller plant so capital cost should go down.
It's a great result... but of limited value on it's own. We really need to know the "improvement to overall project economics".
Is it still one of WA labours core policies to stop Uranium mining or have they moved on?
A 3.3x increase in original grade does not mean a 3.3x NPV. You...
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