Angry the potential problem I see with the tolling agreement is the price/rate Denison will ask to treat the ore.
I posed the question a couple of months ago. "What happens if they can't reach agreement?" What options does WCU have?
Some poster ridiculed me on the point but as I see it if Denison and WCU can't reach agreement on a tolling rate per tonne WCU may be left to build its own mill.
In a negotiation I think if I were Denison I would believe I have the ability to squeeze a premium out of the tolling rate.
I recon agreement on a tolling rate may be the fly in the soup at this minute. But that's negotiating for you.
Just my thoughts.
WCU Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
