my speculative guess is producing 1.5mlbs per annum and CAPEX maybe around $120M.
Current resource has 5 year mine life plus exploration upside.
@ $65lb revenue and $30lb costs, cash flow after tax (not accounting for tax losses) could be around $160m over 5 years or 64 cents a share.
Costs could be lower because processing the uranium will not be difficult. Relatively simple process.
If share price can return to 50 cents and capital raised, on 50% equity financing, shares on issue could be 250M.
Then there is the BIG upside of the 5km anomaly next to MRU.
I'm set.
Good luck to holders.
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