Capex Range US$63 million (125k tpa uranium plant only) to US$105 million (250k tpa plant, uranium, molybdenum, germanium) Results for a high-grade case* 250k tpa throughput, recovering uranium only providing net revenue of US$117/tonne, equal to US$30 million per annum free cash, cash cost of $24/lb U3O8 or ~ 3.5 years payback on capital.
With a market cap of 13 Mil and the resources getting bigger, you guys do the maths. Happy happy joy joy!
E.
PMH Price at posting:
8.9¢ Sentiment: ST Buy Disclosure: Held