RE:RE:WWR Turkey Uranium project in doubtHey Mo1975, you may have raised, indirectly, an interesting go forward strategy.
Rather than divert money, at this time, take a page from Cameco’s playbook. Let other guys mine at a loss. Buy their ore, and process to develop / fulfill customer orders short term.
develop our customer channels.
Build the pilot plant for processing smaller scale, but mining doesn’t need to progress to immediately.
Hi he plant can be expanded later as well.
Sound like a plan?
mo1975 wrote: the big uranium players like cameco are stopping their production and BUYING from other producer to fill their contracts because it is cheaper ..... so i do not beleive you will have a big upswing with the uranium play with wwr.... guess uranium is not a rare earth metal and it is expensive to extract....and there is no shortage of the product....
that is the same play with graphite or potash.... the earth is full of it.... cost of extraction is the factor in this.... and to oversupply the world means that some will not survive..
syrah already is producing a great percentage of the world demand.... mason soon to get on board with massive reserve and for an additional 5 million or so they could double their reserve by buying out bkr..... so where does that leave alabama????