RangeFinder,The following information was posted on another...

RangeFinder,

The following information was posted on another forum this morning regarding comparisons of capex for various U3O8 projects.

I've tried to post a link to the source, but the HC "post checker" indicates my post contains profanity (ie the name of the other forum). So thanks to Drag100 for the information and research set out below:




"Once again have tried to compare how Husab mine stacks-up against other uranium mines being developed or likely to be developed in the next few years (see table below - first cut estimate). It certainly appears that Husab mine capital costs are relatively low compared to other mines. This table also shows that most of the new mines would not be viable if uranium prices stayed below $50/lb"