GREY:SXRZF - Post by User
Post by
factoryon Dec 15, 2009 9:36am
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Post# 16587842
Quite cheap
Quite cheapThey paid US$90M + up to another contingent US$60M
With normalized uranium prices, the ROI is 12-18 months. After that its all gravy. $14/lb sold cost. That's unreal.
Slowly but surely UUU is turning into the prime U3O8 producer it is striving to be.
They scored big for cheap on Karatau.