CXU 7.89% 4.1¢ cauldron energy limited

What is the cut off at $40/lb mean please? is that the full cost...

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    What is the cut off at $40/lb mean please? is that the full cost to mine, i..e breakeven point?

    The resource top line value is $1bn currently but if U prices are same as break-even isn't its current value $0 or am I missing something

    Thanks
 
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