you make a good point on one hand .... but on the other hand lock in a 3 to 5 year long term contract at $35 /lb and get financing straight away for restarting solvent extraction plant of $10mm plus building new IX plant of $58mm ! If first delivery was in 1 year then $35-$24 equals $11 margin on AIS cost or $35-$16 equals $19 operating margin.
2,000,000lb's x $19 is $38,000,000 operating profit (?tax minimal due to write down on original $170 mm plant). As uranium price hopefully trends higher then better deals can be struck. Maybe don't tie up 2,000,000lbs straight away.
disclaimer; the above post is made in the spirit of the forum where small share holders get to swap their opinions and thoughts despite probably being wrong. So do your own research.
you make a good point on one hand .... but on the other hand...
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