latest info, page-2

Thanks Reg - appreciate your sharing your subscription info.

Hard to read as it is not an open market but how I see this ending (MAK gapping up) is not with a published RP price at levels above our cost of production but a simple announcement of first offtake for $147 FOB to Balance or whoever. It will be over long before the scoreboard registers the going rate imo. Apples just ain't apples when it comes to RP and it will be more than just the BPL that counts.

Cadmium will come home to roost for the first few (10) years of our production. Most other commercial deposits worldwide are beneficated - concentrating impurities such as cadmium.

We have a really good product and someone will sign it up.The market will find out about it and say what the! - because they try to apply Iron ore trading rules to a product as convoluted in its trading as uranium.