Cheers also NK.
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
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0.075 | 500000 | 1 |
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