y not buy the most overlooked u3o8 stock mli, page-7

  1. 2,739 Posts.
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    Danube

    As I said I'm happy with the fact that MLI has 2 strings to its bow.

    Whichever of Gold or Uranium happens to be performing will obviously be thought of as the main product.

    MLI has nevertheless done its costings with U3O8 as the main product... and that's why there will be big negative costs associated with its U3O8 production - given the current gold price.

    perhaps MLI should also do its costings with U3O8 as the by product .. it probably will at a later stage.
    So may be a zero cost gold producer for example .. at say a U3O8 price of $x/lb for instance.

    i'm guessing x will probably be around $40/lb - but dont rely on it... we'll have to see what MLI actually costs it at.

    i'm sorry if i annoyed anyone .. it's just that MLI needs to be discussed and deserves some focus.














 
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