Looks like their cash costs of production after gold credits are around USD 12 per pound of u308. Given current spot prices that is an impressive margin. Budgeting 1.0-1.32m lbs pa ramping up to 2.4m lbs pa
Also budgeting to be in production from 2008, which means they should benefit from the strong U308 prices
for comparison Langer Heinrich is also budgeted to produce around 2.4-2.6m lbs pa for the next full FY
interesting times
mintails merger.., page-2
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