EXT excite technology services ltd

chinese to acquire ~400mlbs uranium resources, page-21

  1. 37,911 Posts.
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    BMN currently has stated $39/lb in operating costs.

    Uranium contract price is currently $59/lb.

    Of course the deposit is economic for a cashed up buyer.

    But for a listed company, it is not economic because the issue of shares is required to raise capital.

    There is too much share capital dilution for BMN.

 
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