"In general, you have to recognize that the price [for uranium] would need to be in the line of $75/lb to $90/lb to drive companies like ourselves to invest in uranium production,” Jubber said."
http://www.miningweekly.com/article/higher-uranium-prices-required-for-future-investment---bannerman-2012-08-29
Looks like 50% increase in the spot required to even start considering to invest by the sound of that.
Wonder when they are going to tell the board to start doing 3 day weeks and start paying them to reflect that. Theyre clearly not all needed full time right now!
"In general, you have to recognize that the price [for uranium]...
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