Scoping study confirms robust economics for Tallahassee uranium project
ASX-listed Global Uranium and Enrichment (GUE) has released a scoping study for the Hansen deposit, part of its Tallahassee uranium project in Colorado, US, confirming a technically viable and economically attractive development opportunity. The study supports a seven-year mine life, with average production of 1.8-million pounds a year of uranium oxide (U₃O₈). The base case scenario at a uranium price of $90/lb delivers a pre-tax net present value (NPV) of $203-million and an internal rate of return (IRR) of 93%. At $110/lb, the NPV increases to $365-million and the IRR to 145%.
ASX-listed Global Uranium and Enrichment (GUE) has released a scoping study for the Hansen deposit, part of its Tallahassee uranium project in Colorado, US, confirming a technically viable and economically attractive development opportunity. The study supports a seven-year mine life, with average production of 1.8-million pounds a year of uranium oxide (U₃O₈). The base case scenario at a uranium price of $90/lb delivers a pre-tax net present value (NPV) of $203-million and an internal rate of return (IRR) of 93%. At $110/lb, the NPV increases to $365-million and the IRR to 145%.
