Hi, apologies if this has already been covered, but wondering if anyone has data on the economics of setting up a milling and processing plant. According to the International Atomic Energy Agency it is no small feat and saw a report in 2018 stating, "The cost of the equipment for mining and milling uranium into uranium ore concentrate, which generally takes place on site, is over US $100 million and can even reach into the billions. Thus, private companies and state entities alike must carefully consider long-term economics before opening a mine." How are small cap stocks positioned to deal with such costs? I see EL8 has some tech but not sure what the impact of that tech would be on overall viability and what projected costs are per pound for EL8.
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elevate uranium ltd
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Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $113.7M |
Open | High | Low | Value | Volume |
29.0¢ | 30.0¢ | 28.5¢ | $84.19K | 285.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 6087 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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30.0¢ | 286274 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 4588 | 0.295 |
11 | 15848 | 0.290 |
7 | 36794 | 0.285 |
8 | 101984 | 0.280 |
5 | 75927 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 286274 | 9 |
0.305 | 18308 | 2 |
0.310 | 86749 | 4 |
0.315 | 60000 | 2 |
0.320 | 46084 | 3 |
Last trade - 14.51pm 11/09/2025 (20 minute delay) ? |
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