Hi Jamie,
I will answer your questions as best I can
They are good and decent questions.
1. Has management set an expected date other than 'imminent' for the mining license?
Management has stated before Xmas, could be a week, could be a month and could be new years eve! LOL
2. Has there been a PFS, DFS released?
DFS demonstrates viability of the Husab Uranium Project. Announcement made to market on the %/4. You will find that under.....ANNOUNCEMENTS
3. What are the JORC resource estimates M,I,I - especially indicated
The Jorc resource is currently 512 million pounds, I think it is at the 4th largest stand alone uranium mine in the world and will be the second on the next resource. Might have missed something there!. Is that afer the announcement of up 37% LOL, you will find that also under annoucements
4. Are there any cappex/oppex cost estimates per pound i.e. is there an estimate IRR?
$28 per pound from my memory, but once again, you will find that when you read the announcment about the DFS
5. What production capacity are they looking at achieving and what is the mine life?
Currently 15mpa but, looking much more like being 18 with a minumum of 50 year mine life
6. Any pre-production sales agreements and if so how much and at what cost?
Not to my knowlege
Otherwise financials look pretty good but it says they spend 48 mill a year on exploration and evaluation - pretty heavy! any comments about that?
Yes, that was when there were 19 rigs operating. This has now been reduced to 4 rigs whilst they move into the next phase towards building a plant and finally production in 2014
I have not gone back to read any of this information, this is just off the top of my head. I really dont want to do all the research for you as I only pop on the computer occassionally and play all day outside............so, as the other posters have said you might need to do a bit of confirmation reading on what I have said and please remember, DYOR and I am not trying to con you. As B said, your decision and good luck.
Harlee
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Hi Jamie,I will answer your questions as best I canThey are good...
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