CUX 0.00% 0.6¢ crossland strategic metals ltd

anyone worked out costs?, page-49

  1. 1,075 Posts.
    imho,

    All costs for both NTU and CUX are estimates at this stage, so I can't be more factual.

    Can you tell me how much the estimated cost is to mine and grind NTU's resource? Further how much is it estimated to magnetically proces the mined and grinded NTU Ore? Well know that the refining stage is estimated to cost $4.40/kilo for a 30% concentrate. Can I remind you that CUX is proposing to produce a 40% concentrate so 30% less material will need to be treated in the CUX refinery.

    CUX management has stated their is an advantage to being in the NT because they are used to dealing with resources with radioactive materials and both the thorium and uranium is proposed to be removed on site. That will be done in the refinery on site. Essentially, not a problem mate or at least not the same problems that Lynas has had in the past.

    What's the value of Uranium these days? $35/pound?

    So I disagree with your assertion that the radioactive materials in the CUX resource is the reason for the difference between the NTU and CUX share price. By the way how is the WA govt with dealing with Uraium and Thorium because the NTU resource has quite a bit in its resource too hasn't it.

    If I were you I would seriously consider selling your NTU shares and consider purchasing CUX shares but of course you should do your own research and come to the decision of purchasing any stock on your own, without any influence from an Hot Copper poster.

    I still value Ausheds posts by the way.

    Cheers

    Stoops
 
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