Advancing the project(s) does make senseIf one thinks ARY will never see production and will just flip the assets, then that still calls for the company to advance forward as best they can. Just my opinion. A higher uranium price will float all boats including this one. I admit that if the long-term uranium price remains below $65/lb by mid- 2016, then Anfield will have a tough road ahead. However, I believe, (correct me if I'm wrong) that the long-term uranium price has been quoted at $50/lb recently.
$65/lb is not incredibly far from $50/lb, and the long-term price was in the low $70's 4 years ago pre-Fukisima. The operating costs per pound of existing producers has not delined much if at all in the past 4 years, so I think $65/lb is not an aggressive target.