quakes99 wrote: What total Garbage, PT! Look at the history of Uranium mining in the Athabasca Basin. EVERY shallow high-grade open pit mineable U3O8 deposit has had an on-site mill constructed to process the ore. Open-pit is low cost, with rapid payback on the capital outlay. Key Lake, Rabbit Lake, Cluff Lake... that's where the biggest profits can be made that make a mill profitable to construct. PLS is at least 1-2 years ahead of Arrow in terms of proving it up for potential development. As the PEA stated, Triple R shows robust economics, with 3 years needed to build a mill and mine, and payback on all those development costs in only 1.7 years after-taxes.
FIRST get yourself an NI 43-101 Maiden Resource Estimate.
SECOND get yourself an NI 43-101 Preliminary Economic Assessment with an NPV post-taxes of over $1B.
THEN we can compare results and see what the Independent consultants have to say.
Thing is, PLS is likely to have been sold before Arrow even has a PEA, so we won't be holding our breath waiting.
Good luck over there across the road. ;-)
PamplonaTrader wrote:
Sudzie, I suggest you speak with management again as it's likely you've misunderstood or misextrapolated their comments.
While it make sense for any prospective mill operator to plan on processing ore from regional deposits, Arrow is not depedent on Triple R or any other deposit to justify a new mill. It's important to differentiate the requirements for a production decision versus potential considerations for a production plan. Triple R only factors into the latter. The fact that Arrow enjoys the benefit of straight-forward engineering and permitting means it will go in to production long before Triple R.
The above is not to say that there are zero synergies. There are some but the small synergies that do exist are greatly overstated. Anyone suggesting that Arrow is depedent on Triple R is either misguided or doing so with intentions to misinform.