GREY:ABGPF - Post by User
Comment by
Purveyoron Mar 01, 2018 5:57pm
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Post# 27647544
RE:Westwater News Out
RE:Westwater News OutThis is in keeping with Uranium market thinking.
if the commodity is in a below cost scenario for the foreseeable future, let others mine it at their loss, buy it, use it, sell the value added product, make a greater profit.
This accomplishes a number of goals:
Begin sales sooner earning a profit sooner
Establish ourselves as vendor of record before others
Extend the life of the mine resources
if significant mines are coming onlIne, de risk by supplying the value added product
It’s all good ... JMHO