savvy_trader

Loading...
Symbols:
Authors:
comments5
  • Positive ratings 0
  • Negative ratings 0
  • Net rating 0
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
5 Comments

    • Tue Nov 18th 23:29 PM
      |
      Rating: 0 0
      Commented on:
      A Nuclear Growth Opportunity with Denison Mines
      Uranium supply will be dominated by the companies with larger profit margins which are built on higher grades and/or lower operating costs. Small underground, low grade mines will have to compete against these. Historic production from these underground mines has been 4-7 tons/manshift, with labor rates running at approximately $600/manshift. Assume labor is equal to 50% of your production costs, throw in freight, royalties, and milling costs, add mill recoveries and you are at $75+/lb pretty quick. Throw in $5/lb for capital and a RoR of 15% and that will give you an idea of where uranium prices need to be for these deposits to be feasible. Western Australia has just lifted its ban on uranium mining and has massive supply potential. Look there.
      View article »
    • Thu Oct 30th 20:19 PM
      |
      Rating: 0 0
      Commented on:
      A Nuclear Growth Opportunity with Denison Mines
      Look at Denison's stated grade (NI 43-101) and their production grades (substantially lower due to mining dilution). Do the math. The $45 floor will not help much. Profitability will kick in at a number twice that figure. Denison still has not released cash cost figures. Why is that?
      View article »
    • Fri Jul 11th 11:37 AM
      |
      Rating: 0 0
      Commented on:
      Seven Uranium Stocks to Fuel Your Portfolio
      Look at the deposit grades (%U3O8). Cameco has the grade to support their costs. At current market prices, who else does? These companies need to be disclosing what their production costs are before I would invest a single dime.
      View article »
    • Fri Jul 11th 11:31 AM
      |
      Rating: 0 0
      Commented on:
      Nuclear Power's Second Coming Will Lead to a Uranium Boom
      Uranium mills are not very useful if you have no feed for them. Take a look at the mine's reserve grades (%U3O8), mining costs ($/ton & $/lb) and distance to the nearest processing facility. Only the higher grade deposits (>1% U3O8) are viable unless the current spot price doubles. The lower grade deposits will have to wait until these richer deposits play out. Currently, most uranium producers do not want to disclose their costs, and for good reason! Do you homework before investing.
      View article »
    • Fri Jul 11th 11:20 AM
      |
      Rating: 0 0
      Commented on:
      Denison Mines: A Play on Escalating Uranium Demand
      Denison reserves are relatively low grade. What are their production costs? These deposits cannot compete financially with the bigger player's higher grade deposits and will only be exploitable when the spot price rises above $100. As an analyst, you are not asking the right questions!
      View article »