Just a bit misleading there swissboy.The stock you refer...

Just a bit misleading there swissboy.

The stock you refer to:
"Steady state total production cost of US$31.55 per pound U3O8 including indirect taxes, royalties and ongoing well-field development"

The C1 cash costs are US$11.93 per pound. This doesn't account for vanadium credits, of which would lower this figure again.

As another example, cash costs of BMN (non isr, talking of heap leach now) were estimated at $US42/LB. Of which the market clearly didn't like.

Lets see what BLR finally come up with. Grigor mentions "cash costs" but this is undefined in his uranium sector analysis. You want to hope US$34/lb for BLR isn't "C1 cash costs".