inteersting article , page-2

I should be clear, the intersing part is the uranium resource is enoight for a stnad alone business generating 100 million a year operational proft at 70lb uranium prices.

he talks about the potential need for a backer - Chinese

I think one can see the potmetial from this interview and how it is truely the Japan impact on spot prices that made fiancing that much more difficult

I recall in the midst of the GFC when LYC lost its finance backing and fell to 13.5 cents only for the prices to recover, backers to appear and now has a market cap of 4 billion plus

A recovery of urnaium prices to even 60-65 may see this as a master stroke. If spot moves to 60, can easily see ethe chinese paying a small premium of 65-70 for 15 years supply