Yep, profitable at $32 per pound.....and that's as per the old feasibility report.
This new/updated FS will no doubt better that figure. It's what alot of newbies to the U space don't appear to be able to get there head around, it's the hard rock vs ISR extraction that makes BOE one of the most attractive listed stocks both here the US or Africa. Hard rock is closer to the $50/60 at best.
Not to mention 12 months to production. Nice piece about the board of exec's to. All in all a good watch...
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