Good posts here good discussion.To break down the above further....

Good posts here good discussion.
To break down the above further.

GGG Production Per tonne Cost Map:

REM - First 12 months - AUD $8,336 per tonne
REM - After 12 months and operational ramp up - AUD $6,382 per tonne
Uranium - First 12 months -AUD $48.18 per pound
Uranium - After 12 months and operational ramp up - AUD $41.36 per pound

Current REM mined in first year according to Investor Presentation: 24,525 tonnes per annum.

Breakdown:

Overall Cost 1st year to mine =AUD $257,461,944
Overall gross sales revenue generated = AUD $1,124,545,289

Overall Cost 2nd year to mine should see a 20-25% reduction in the above figures as per the post i wrote above.