Paul Atherley, chief executive of Berkeley Energy (LON:BKY), expects the firm’s Salamanca uranium project to be right at the lower end of the cost curve.
The firm is set to reveal operating costs in an upcoming pre-feasibility study, and the CEO says the project in Spain should make a lot of money, even with today’s weak uranium prices.
His comments follow on from recent approvals which pave the way for initial infrastructure development.
Meanwhile, positive announcements on approvals, drill results and metallurgical test work, the company has received a number of approaches from potential financiers which are now being advanced.
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