Reichman,
You are very funny, I said low cost, but you push me to tell you the exact $$.
No one can tell you the exact figure before the real production commence.
Just like I told you today is not hot, you ask me how many degrees on earth? Sorry I am laughing.
I just think this is common sense. Okay if you have to see a number now. I can tell you---100% less than $11/lb to dig out the higher grade U3O8 ore.
Why? BMN--a low grade U3O8 player-with a maximum depth of approximately 400 metres below surface. The depth is nearly the same as BLR, so COMPARABLE.
BMN's U3O8 grade is 1/2 of BLR. BMN works out mine operating cost (US$/lb U3O8)= $42/lb
If say : 50% of the operating cost is used to dig the ore out( this is impossible, just used to answer Reichman) then cost =$21/lb for BMN, BLR= 10.5/lb ( because double grade than BMN, so less ore digged out)
Are your satisfied with my reply Reichman?
Cheers.
Reichman,You are very funny, I said low cost, but you push me to...
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