GREY:PLUUF - Post by User
Comment by
Austrian007on May 15, 2018 1:07am
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Post# 28030622
RE:Plateau Energy Metals mentioned
RE:Plateau Energy Metals mentionedI think the lithium story will be far more powerful than the Uranium one for the next couple of years... but the fact that they can profitably produce Uranium at much less than 30 probably means that it will be a very strong story when Uranium price turns around.
Most Candaian and US producers need atleast 40 at the margins and an AISC of 60+ for them to be profitable.
So the fact that PLU has massive reources that can be extracted cheaply should mean that this will becomea billion dollar story given time.