This article has some good points re the comparison between the companies. Eg the cost basis:
"According to the PFS, the estimated capital cost for a 1.5 million pounds capacity mining operation with an initial mine life of 11 years would be $118 million, including allowances for contingency and risk. The estimated operating cost would be $28.67 per pound recovered uranium. Based on a long-term uranium price estimate of $60 per pound, the operation would have an estimated pre-tax payback period of 5 years. "
Looks good for PEN the CLIP
PEN Price at posting:
4.4¢ Sentiment: None Disclosure: Held
