Danube
Research - dont guess.
MLI is a U3O8 producer with gold credits.
See MLI's announcements .. the by product credits are gold.
It has never mentioned U3O8 as the by product.
Its Feb 5th Announcement page 8 - states it will be a zero cost U3O8 producer with gold by product credits - at the gold price of $450/oz.
But even if at some later stage - if gold keeps performing and U3O8 prices slumps - and it is thought of as a zero cost gold producer at a U3O8 price of $x/lb .. what's the
big deal?
Is there a problem with having 2 strings to your bow - actually 3 if you include the pyrite and sulphuric acid potential which hasnt even been factored into the costings.
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