00Snitch,
The DFS was 750klbs for 10 years. The EES ramps up to 2.2Mlb.
Under the EES model (which is what you appear to have used when discussing the 14 years) the NPV for the project is $207M after treating 23Mlb.
"Steady state total production cost of US$31.55 per pound U3O8 including indirect taxes,royalties and ongoing well-field development (C1 cash costs of US$11.93 per pound)."
So it would appear there is some inconsistency with your statement and the EES:
" I wouldn't get carried away. The Lance projects won't be economical under an average U price of about $75/lb either."
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