Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

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Fission Uranium Corp

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Comment by teeveeon Aug 19, 2018 8:54pm

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Post# 28484648

RE:Comparing PEA Direct Costs Processing Facilities

Rover90,
Doug Beattie was chief mining engineer for Cameco, and built McAthur and Cigar Lake. Your only claim to fame is being a liar with a big, potty mouth full of sh*te. Now who am I going to believe? You have absolutely no effing idea what you are talking about and are just a bitter FCU bagholder. Why don't you try to reclaim your life while you still can instead of being a bitter loser married to a worthless stock with infamous management?

Rover90 wrote: Who could forget the ceo ca morons with the idiot Doug Beattie bashing the FCU PEA wrt the Processing Facilities and how low the costs were....all the while not understanding how Direct Costs relate to Indirect costs, Owners, Engineering (Pre Production) and Contingency to get to TIC numbers.

Nxe and FCU Process Facilities numbers are:

Nxe - $243.9M direct cost for an Initial Production 27.6M lbs per yr

FCU - $198.2M direct cost for an Initial Production 13M lbs per yr

So, for double the production the Nxe cost only increased by 23% or a factor of 1.23 vs a standard of 60% or a factor of 1.6 on doulbing a train.

Conclusion, if FCU low.......Nxe mucho low THEN ADD THE PROPER FACTOR to DOUBLE the initial production rate.