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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by uranicynicon Jan 28, 2012 12:26pm
363 Views
Post# 19461357

MWS ve EZ

MWS ve EZ

it's obvious that EZ continues to drag down the company on a quarterly basis. Based on what we know now, would anyone invest all the money on the shaft and the uranium columns in the last 12 months? Probably not. The 100,000 ounces that MWS generates at a profit of about $1000/oz is an excellent revenue generator but not large enough to continually subsidise Ezulwini.

Has the time finally come to put Ezulwini on care and maintenance for two years while attempting to fix all the other financial problems? Management has to make some hard choices to make. The company has to survive in order to thrive. I don't see any signs that they have EZ under control now or in the near future.

Anyone else have any thoughts on this subject?  

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