Past year: ▼ 36%(1.08 – 1.79 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 Mar 2024resource reserve update▲ GoodMajor
Made the final call to build Shirley Basin: with all major permits and licenses in hand, the company will spend about 24 months on final design, equipment ordering and construction of the satellite ion-exchange plant and initial wellfield -- the payoff of the resource-growth story that began with the 2014 first estimate for this project.
21 Jan 2016resource reserve update▲ GoodMajor
A new preliminary economic assessment confirmed December's resource increase and extended Lost Creek's projected mine life nine years to 2031, with total planned production of 13.8 million pounds -- formalizing the larger, longer-lived project the 2015 drilling had revealed.
10 Dec 2015resource reserve update▲ GoodMajor
A second 2015 resource update, driven by Mine Unit 2 development drilling and a lower grade cutoff applied property-wide, lifted Lost Creek's total resources to 13.25 million pounds Measured and Indicated (net +3.15M) and 6.44 million pounds Inferred (net +1.4M) -- a large step-up as the mine heads into its second production area.
22 June 2015resource reserve update▲ Good
An independent technical report confirmed May's resource increase, with Measured resources at Mine Unit 1 up 55% net of production; a comprehensive economic update reflecting the larger resource base is still to come.
11 May 2015resource reserve update▲ GoodMajor
Updated resources at the operating Lost Creek mine's Mine Unit 1: better-than-expected uranium recoveries let the company lower its grade cutoff, lifting Measured resources 95% to 4.7 million pounds even after subtracting nearly a million pounds already produced -- confirmation the mine was outperforming its original design assumptions.
25 July 2014resource reserve update▲ GoodMajor
Released the first formal resource estimate for Shirley Basin (acquired via the Pathfinder Mines purchase from an AREVA affiliate): 8.8 million pounds of Measured and Indicated uranium resources -- the starting point for what becomes the company's second production center a decade later.
