clarification!, page-9

I realize that there are many reservations about the management team and methods used to determine this resource estimate. Can any of you tell me at what U spot price does ~ 33000 tonnes become economically viable to extract. As per Tibbs comparison the Langer Heinrich (Ore grade of 0.06% - 32 mill t of mineralisation for 21,600 t of U3O8
) mine is economical.

It’s only a matter of time. The price of ALL energy is just staring it’s long bull run.

The whole Uranium market is a gamble and MTN is as some would say far more advanced then the majority of other aus players as they have a JORC compliant resource estimate.

Quick calcs:
~ 33,000 tonnes = ~ 73,000,000 lbs = $3,800,000,000 (less extraction cost)
Company cap = $20,000,000

I’m gambling.

Wrxsti / Uraniumbull

Give me some reasons as to why I should take my money of the table.

aussie joe