positive signs of things to come , page-27

Spot on Trees. Look at what the Vanadium credits do to the production costs at Lance. Brings it right down with an implied value of $6.36 per pound Vanadium. The higher the purity of Vanadium the greater the value with Pharmaceutical grade fetching around four times as much.


As we seen last week the NRC issued a Source Material License to UR 1 for Moore Ranch (Campbell County, Wyoming East) after the public comment period.

Draft reports with PRELIMINARY APPROVAL for the source material licenses for both Uranerz Nichols Ranch (Campbell and Johnson Counties) Wyoming East and Lost Creek, LCI's, Lost Creek project in Wyoming West (Sweetwater County) have been released for public comment.
From memory I don't think Moore Ranch received any public comment.

"Based on its environmental review, the NRC staff recommends that, unless safety issues mandate otherwise, environmental impacts of the proposed action (issuing a source material license for the proposed Nichols Ranch ISR Project) are not so great as to make issuance of a source material license an unreasonable licensing decision".

" Based on its environmental review, the NRC staff preliminarily finds that, unless safety issues mandate otherwise, environmental impacts of the proposed action (issuing a source material license for the proposed Lost Creek Project) are not so great as to make issuance of a source material license an unreasonable licensing decision".

All good for PEN