Forgive me if this has already been covered, but what I'm wondering about at the meoment is the effect the downturn has on the plans at Karoo. I agree Lance will benefit from what is happening with the current shake out. Some mine plans will be put on hold and because of their lead time to be up and running it will take ages before they can be gotten into production when the U price rises again.
But how is Karoo going to be effected by this ? Does anyone know what the cut off point for $/pound is before it becomes unviable to go ahead with the conventional mining in South Africa ?
Illiquid
capex and opex_benefits of isr and lance, page-54
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