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Hi allWhat would it cost to start the U3O8 production? I'd guess...

  1. bk2409
    522 Posts.
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    11/11/08
    08:14
    Post #: 4485237
    Hi all

    What would it cost to start the U3O8 production? I'd guess 50mn...and the price is a real struggle there at some US$45 per pound...

    Their U3O8 is worth something to someone, but probably not to MXR...is it really enough? Tenement rationalisation and therefore resource rationalisation is a more likely prospect isn't it? Against whom do we abutt?
    MXR Price at posting: 6.2¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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