Interesting idea. I suppose they could commence conventional mining at Sunday after resolving permitting issues with the BLM. But this would mean going back to the BLM at a later date to obtain approval for ablation.
More to the point, I wonder if WUC could generate positive cash flow with conventional mining at Sunday and milling at White Mesa given current spot and term prices?
IMO, WUC should disclose its detailed plans, including all-in cost estimates for Sunday, with or without ablation.
BLR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held