Permitting issues for BKY are a very real concern and could significantly effect the final numbers. It's no secret that I like Aura's Tiris project because while it's not the most sexy uranium deposit, it has 17m lbs of measured and indicated resource with potential for up to 100m lbs. It has a capex of only US$45m and opex of $19.40. The processing is extremely simple, no grinding, no acid leach, easily upgraded. Aura will complete the BFS in the 4th qtr. With Aura's large vanadium asset being spun off into a separate IPO in October, who knows Aura may increase their market cap sufficiently enough to easily fund the Tiris project. What would 1,000,000 lbs of U3O8/year be worth if the project is fully funded and debt free?
- Forums
- Commodities
- Uranium, like buying oil at $20 a barrel
Permitting issues for BKY are a very real concern and could...
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add URANIUM (NYMEX) to my watchlist
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online