GREY:PLUUF - Post by User
Comment by
Austrian007on Jun 11, 2018 10:12am
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Post# 28153814
RE:RE:One massive resource!!
RE:RE:One massive resource!!KingKyle wrote: Truly lithium story now which gets bigger as it unfolds...uranium around the corner for further tailwinds....
Very true... even before this recent expansion, Ted had mentioned that they will be in the top 3 if not the TOP.... this should definitely catapult them to the top of the non-brine resource table. & that too with such a superior grade.
The Uranium cash cost was $18 when the grade was only 50% of the current grade at macusani... so I wouldn't be surprised with a cash cost lower than 15 and an AISC lower than 25. Means they can almost immediately jump to their targeted 5MOz production goal for U3O8.
Great Great news... $3 is on the cards for SP when the PEA comes out in August and the market realizes the profit potential..