Yes that does indeed sound quite impressive actually. Which is the largest? Cigar Lake or Heinrich? I'm surprised.
However, I guess to place such a valuation this early, you gotta be pretty certain about your assumptions..such as Uranium prices 3 years from now, political stability, environmental issues..and as you can see below the results of the feasability study which still needs to get done.
?The final feasibility study will be completed before the end of this year. It will include many variables and recommendations,? said Extract spokesman Tom Ferreira said, adding the final decision is subject to shareholder approval.
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