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For yesterday, Mar 26

In the uranium portion of this June of 1976 NDGS Newsletter... I'm not even going to try to paraphrase, just quote...

In other words, if you are willing to spend an additional $8 to obtain a pound of U3O8 (in addition to the past expenditures of for property acquisition, exploration, mine development, etc.), reserves will amount to 240 tons. At forward costs of $10 per pound, reserves are 446 tons; at $15, reserves are 919 tons; and at $30 per pound, reserves would be 1192 tons of of U3O8.

I wonder how that worked out for them?

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