Not much point looking at C1 cash costs - "C1 Cash costs US$19.40/lbU₃O₈" - you need to figure out what the AISC cost is. From what I understand from the 100's of hours of reasearch I've done, most producers will need a U price of US50 a pound to be protiftable.
I think At this stage this 'offtake' is probably a bit of smoke and mirrors and more about getting momentum for a further capital raising rather than anything else.
Ann: Aura Concludes Offtake Agreement, page-14
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