and think of that in terms of the price of the resource per lb KC (see details in my other post)
ifthe resource holds 1Blbs then at $10/share the buyer gets the U308 for $2.53/lb - it's laughable (and yes I know there are further exploration costs to convert this to a resource)
Consider the production costs of $32/lb plus the capital cost of buying Husab via acquiring EXT, then it's is very very cheap for the chinese compared to LT U308 prices of $70 plus per pound, whichever way you look at it
proposing to reduce offer to 270p, page-4
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