Uranium spot price, page-526

While we watch...

I was comparing Aura with Bannerman...different kettle of fish, I know...

Bannerman: Average life-of-mine cash operating costs of US$38/lb U3O8​

Aura: operating cost US$19.40/lb​

Bannerman:

Pre-production capital of US$793M including mining fleet​

Aura: capital cost of US$45m.

I think Aura will be well out of the starting gate and half way down the fairway before Bannerman start their race. Don't get me wrong, Bannerman will be one to watch when Uranium hits US$75/lb but Aura will already be a different beast by then.
3O8