– Preliminary Economic Assessment demonstrates robust economics — NPV (8% DCF) of US$ 173.9M (A$ 189.1M) — Internal Rate of Return of 103% — Total production of 9.1M lbs U3O8 over a 10 year LOM — Upfront Capital US$ 30.6M & Cash Operating Costs of US$ 22.30/lb – Defines path for advancement of the Temrezli project to production – Sefaatli & West Sorgun projects offer additional scale and economic potential
