Re Re Re My preferenceThe key here is the PLS deposit is open pit. There is no other open pit mine in the Athabaska basin that hosts most of the high grade uranium deposits in the world. As all the new reactors under construction start up the Athabaska basin will ramp up production and can supply U308 very profitably at a much lower price than anywhere else. PLS stands alone in value of all the undeveloped deposits at this time and the true size has yet to be determined.
Saskatchewan Mining operations control Potash prices by adjusting production as they have over 50% of the reserves in the world. The Athabaska basin will eventually hold the same dominant position in U308 production.