RE:RE:RE:RE:Market rips along, while FCU fizzlesLuck is not required Giz. Preliminary work shows this deposit can be mined economically and very profitably. As usual you isolate one factor about the deposit to reach conclusions about mineability. Depth is one factor....the percentage of Uranium in the rock that is mined is also a key factor you failed to mention. (Cannot think why except it does not fit your argument). With these concentrations of Uranium - some as high as 25% - mining deposits like this is very worthwhile. Another fact that you conveniently did not mention is that both McArthur River and Cigar Lake are at similar depths. Apparently the experts in mining Uranium at Cameco do not agree with you that depth is the overriding factor....otherwise they would not have developed the mine. Both of those mines have significant water ingress issues which are costly to resolve and all indications are that Arrow will not have these problems. Depth is one factor but certainly not the only factor that needs to be considered.
And as for never being built....just a reminder that a study of all current mines shows that most are mined out in 15 years. Do we stop all nuclear plants in 15 years when we are building them to last 60 to 80 years? I don't think that is likely therefore new mines will be required and Arrow will be one of them.
More balanced arguments would be appreciated....not the one sided one liners you are prone to posting.
FCU's PLS also has its issues from a mine development prespective...different from those at Arrow due to the dykes required to hold back the lake but those are not insurmountable either. Just another day in the life of a mining engineer.
Both PLS and Arrow will be built because the worlds reactors require the Uranium they will supply. Really simple arithmentic...no luck required.
Malcolm