Uranium has just touched $30.20 usd per pound. This equates to approx $40 aud per pound. Nolan,s Bore has a grade of .68 lbs per tonne which means that each tonne of ore contains approx $27 aud per tonne of contained uranium. This is without taking into consideration the Rare Earths, Thorium, Phosphate ect it also contains. Just this amout alone would probably pay for the mining an associated costs, meaning a BLOODY GREAT free ride for the rest. " I see dollars, lots of dollars, I see dollars and dolars galore" isnt this how the song goes?
Uranium has just touched $30.20 usd per pound. This equates to...
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