A recent analysis on Blue Sky Uranium by our certified analysts says:
1. A recent infill and step-out drill program at the Ivana deposit on the flagship Amarillo Grande project (Argentina) indicates potential for resource upgrade/expansion.
2. This project has the potential to be a low-cost mine, as the cash cost is estimated to be just US$16/lb vs the spot price of US$50/lb.
3. Analysts note that there is a need for domestic uranium producers, as Argentina imports 100% of its uranium consumption. Argentina has three operating nuclear reactors (plus one in construction, and two additional planned), but no domestic uranium production.
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