Here is a bit of promotion for this low cost Uranium play - 305m...

Here is a bit of promotion for this low cost Uranium play

- 305m shares
- $7m cash with low quarterly burn rate of about $750k for September quarter.
- Capex is tiny US$30.6 only, most other projects are wait over the hundred million mark.
- 1mlb of U production per annum.
- plus 10 years mine life.
- Operating cost is US$20.22/lb, i don't know if there is one listed explorer on ASX with lower opex than this?
- Project is in Turkey with Pre-feasibility study due by early Q4 of 2014, and target production in 2016.

So expect some news and fireworks before Xmas guys.