Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by teeveeon Aug 19, 2018 8:54pm

137 Views

Post# 28484648

RE:Comparing PEA Direct Costs Processing Facilities

Rover90,
Doug Beattie was chief mining engineer for Cameco, and built McAthur and Cigar Lake. Your only claim to fame is being a liar with a big, potty mouth full of sh*te. Now who am I going to believe? You have absolutely no effing idea what you are talking about and are just a bitter FCU bagholder. Why don't you try to reclaim your life while you still can instead of being a bitter loser married to a worthless stock with infamous management?

Rover90 wrote: Who could forget the ceo ca morons with the idiot Doug Beattie bashing the FCU PEA wrt the Processing Facilities and how low the costs were....all the while not understanding how Direct Costs relate to Indirect costs, Owners, Engineering (Pre Production) and Contingency to get to TIC numbers.

Nxe and FCU Process Facilities numbers are:

Nxe - $243.9M direct cost for an Initial Production 27.6M lbs per yr

FCU - $198.2M direct cost for an Initial Production 13M lbs per yr

So, for double the production the Nxe cost only increased by 23% or a factor of 1.23 vs a standard of 60% or a factor of 1.6 on doulbing a train.

Conclusion, if FCU low.......Nxe mucho low THEN ADD THE PROPER FACTOR to DOUBLE the initial production rate.