ONX 0.00% 5.6¢ orminex ltd

mintails merger.., page-2

  1. 35 Posts.
    Looks like their cash costs of production after gold credits are around USD 12 per pound of u308. Given current spot prices that is an impressive margin. Budgeting 1.0-1.32m lbs pa ramping up to 2.4m lbs pa

    Also budgeting to be in production from 2008, which means they should benefit from the strong U308 prices

    for comparison Langer Heinrich is also budgeted to produce around 2.4-2.6m lbs pa for the next full FY

    interesting times
 
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