HI guys, Thanks gunns for laying the calculation out and swiss...

HI guys,

Thanks gunns for laying the calculation out and swiss for pointing out. Cant wait for some good news to come out.

Gunns , thanks for all your informative posts. keep it up.

Olympian, glad to see you on board of BLR. UEQ looks very interesting. They are separating their assets into 2 company but the one that has the technology is not listed.


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i thought that for those that doesnt use the other website (some of my friends), it will be worthwhile to post this, courtesy of GT swiss.


"Please re calculate

Your error is that you have multiplied the monthly fig by 360 instead of 12.

480t per day x 360 days/year = 172 800t per year @ 2 lbs U per ton ( 1000ppm )

At $10 per ton processing = ( 10% 0f 2 lbs @ $ 50 per lb )


172 800t x $10t = $ 1 728 000 x 80% Utilization = $ 1 382 400 per year

It's a busy world and we all make stuff ups . . . . .

Would be awesome to get $ 20 million per year . . . . . but it won't happen from 1 x 20t Unit, unless grade is much higher.

However !!!

Look what happens when the grade is 10 000ppm ( conservative Cameco grade)

480t per day x 360 days/year = 172 800t per year @ 20 lbs U per ton ( 10 000ppm )

At $100 per ton processing = ( 10% 0f 20 lbs @ $ 50 per lb )

172 800t x $100t = $ 17 280 000 x 80% Utilization = $ 13 824 000 per year


Lets sell the first one to Cameco please

Swiss