rex / dan - pretty simple really, 2010 production 27,000mt (60m pounds), 2010 costs $380m, cash cost = $6.33/lb
but I don't pay much attention to cash cost US$/lb, as I said before, the majority of MRE's costs are fixed and I am estimating will come in at $400m for 2011. take a guess at production and then you have your cash cost $/lb.
to get down to $5/lb will need production over 36K. I have my doubts.
