You would like the accountant to somehow become a magician and change U mining law in WA.
Fact of the matter is while projects have been permitted, no U mine has EVER operated in WA!!!
Everybody is waiting for a normal policy, most likely coming from the Liberals!!!
What we can do is position ourselves well for 2025, if you think U prices are not here to stay what are you doing in the U sector???
Money has been printed to ad infintum and $100 Uranium is the new normal!!
In August 2012, BHP Billiton sold the Yeelirrie uranium deposit to Cameco for US$430 million subject to approval from the State Government and the Australian Foreign Investment Review Board.
Wiluna is 1/2 the size for 215 USD million so 330 AUD million MINIMUM.
Been Down So Long, page-97
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