Daddy, last time i checked Bannerman cost per lb was going to be around $us38lb, project is not viable. Thats main reason the share price is so low, but i do beleive the uranium will go to $us60lb at some point as the megawatt/warheads programme will finish in 2013, and many nuclear plants are planned over the next 10+ years.
i think if you can get U308 by ISR, around $us15 lb cost, project more viable than standard mining, there are other stocks not on the radar.
mey/forsys/bannerman comparison, page-17
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Mkt cap ! $117.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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