The AISC is somewhere around $24
I imagine management would want a bit of a buffer in there so I don't expect them to sign a contract below mid $40.
Most Uranium miners are looking for a minimum of $50-55 to restart.
BOE could probably do it cheaper at around $40-45 as our costs are a lot lower than any open pit mine.
I would say by the time we are ready to mine long term contracts will be nearing that $40-50 stage anyways.
So a pure guess would be close to $50 then as we bring more lbs online we should most likely see a higher price.
target spot price?, page-2
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Last
$3.51 |
Change
-0.125(3.44%) |
Mkt cap ! $1.442B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.69 | $3.50 | $10.57M | 2.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 42870 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.51 | 103467 | 78 |
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| BOE (ASX) Chart |