isr comparisons prb wyoming usa

This is why I believe PEN is about to be re-rated.

Both companies projects in the Powder River Basin Wyoming USA, both the same ISR process. Data sourced from the respective companies recent PFS.

Lance is also noted as having a Darcy rating around 4-5 times higher than Uranerz has reported.

Both companies are delineating further resources.

Uranerz is on a buy recommendation with 5 USA brokers. Guess who else will be soon?

The figures speak for themselves.


PEN 15.1M/lbs -
$72.1M Capex (of all plant and equipment including contingency for replacement cost of around $11M and mobile equipment)
$21.42/lb Total Opex (including taxes and royalties)
$14.00/lb Opex

Uranerz 11.25M/lbs -
$85.2M Capex (of all plant and equipment not including any contingency for replacement cost of plant or any mobile plant)
$32.70/lb Opex (including taxes and royalties, plus $6.70/lb toll processing fee)
$26.00/lb Opex





ps. nice chart today ;)