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Other Added - Smart Investing in Uranium Could Mean ISL
Conflict generally arises by having your needs, desires, perceptions and values challenged.When a person feels that their values are being challenged they generally respond the strongest. Inwardly they feel their personal safety threatened and desire to stop that threat.Surprisingly for most people, is that one of the reasons many attempts at conflict resolution fail is the desire to keep emotion out of the equation. People will look at content and make a decision on how to proceed with the conflict but want to disregard emotions. However, how we feel about our values and the emotional aspects of the conflict is of a very high importance.When they are not dealt with, they can become a trigger during the process, depending on any history with the people involved or other unrelated incidences. Feelings and needs are a fundamental process and requirement of all peopl
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average
Many change management specialists and many of those professors in academia explain exactly what should happen after change management occurs. For instance they dive into the psychological issues behind change management and the dropping of the ball of executives due to change.They talk about the fear involved in decision-making and how that can wreak havoc on an organization. They also discuss with us organizational capital and the possibility of losing all that has been built.What no one seems to discuss is what about a change management reversals. In other words when things simply are not working out after a major change, why not bring the person back on board who was let go and let them re-gain control of the organization for their particular department. Why do I suggest this?Because sometimes mistakes are made that lead to the change management decision and perhaps rathe
While numerous Canadian junior exploration companies hope to find a new discovery in various uranium-prospective regions through Canada, a safer investment strategy is to speculate on companies, whose properties were previously drilled during the uranium bull market of 1974-1980). Some of those properties had uranium deposits delineated by major oil and uranium companies, who did not blush at spending tens of millions of dollars in exploration.
Some of the newly arrived uranium companies acquired those drilling databases and their properties, which were abandoned by the previous owners. Some companies have been actively moving their projects forward to production, using a more environmentally friendly mining method than an open pit or underground mine. It is called In Situ Leach (ISL) uranium mining, and the operation is much like a water treatment plan. Oxidized, or carbonated, water is pumped into an orebody, and uranium is flushed into a processing plant. These are relatively inexpensive to install, possibly for as little as $10 million.
There are pitfalls when investing in those companies which plan to establish ISL operations. During the initial phase of this bull market, a common myth, circulated among investors, had been "pounds in the ground." How many pounds of uranium oxide, or U3O8 for short, does a company have in the ground? The more pounds a company claimed, the higher its market capitalization ran. Once you sift through the companies with very real prospects from those who are cheerleading their "pounds in the ground," you should have a realistic short list.
These are the four key questions which must be answered if you wish to minimize your risk when investing in uranium stocks:
How permeable are the ore bodies you plan to mine?
What is your average grade?
Over what area does your rollfront extend?
What is the depth of your ore body? One of the most important factors to consider is the permeability of the sandstone, from which the uranium will be mined. Permeability is the flow rate of the liquids through the porous sandstone. Knowing what the permeability of the orebody will let you know how much water you can get through the sandstone formation. Harry Anthony, an internationally recognized ISL expert, noted, "You need higher grade ore for tight formations. With high permeability, you can space your wells further apart."
The make-break point for a formation's permeability is its Darcy rating. How high is the Darcy? A typical Darcy can range from minus 1000 to plus 3. The higher the Darcy, the more permeable the formation. This helps determine how economic the orebody is. An acceptable range would be one-half to one Darcy. What is a Darcy? Uranerz Energy CEO Glenn Catchpole, who is also a hydrologist, said, "It is gallons per day over feet squared." He added a pure hydrologist would calculate the feet per day or centimeters per second to get a more accurate permeability assessment.
With low permeability in a tight formation, you may need to space more wells in a typical well field pattern. While explaining that costs are fixed and variable, Anthony computed the cost of a production well for a 500 foot deposit at $15,000. An injection well could cost $11,000 to install. By comparison, in New Mexico, where the deposits are wider and of higher grade, a 2000-foot production well might cost $27,000 and the injection well could cost $18,000, and it would still be economic. Obviously, the deeper the deposit, the more it will cost to extract the uranium. Not only will the capital costs increase, but operating costs will be greater.
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average
As both an active project manager and project management trainer, I often get asked whether the project management best practices that are applicable for large projects can be applied on smaller projects. This is a really important question and one which all project managers must face up to when managing small projects.Focusing on project delivery One of the arguments against using project management methodologies is that they are very process-centric resulting in vast quantities of project documentation which are simply not practical or desirable on small projects. This is a powerful argument and any method which focuses on producing documentation at the expense of delivering the real business benefits of the project will be a hindrance rather than a benefit. After all, the name of the game in project management is delivering business objectives, not producing reams of
Some of the newly arrived uranium companies acquired those drilling databases and their properties, which were abandoned by the previous owners. Some companies have been actively moving their projects forward to production, using a more environmentally friendly mining method than an open pit or underground mine. It is called In Situ Leach (ISL) uranium mining, and the operation is much like a water treatment plan. Oxidized, or carbonated, water is pumped into an orebody, and uranium is flushed into a processing plant. These are relatively inexpensive to install, possibly for as little as $10 million.
There are pitfalls when investing in those companies which plan to establish ISL operations. During the initial phase of this bull market, a common myth, circulated among investors, had been "pounds in the ground." How many pounds of uranium oxide, or U3O8 for short, does a company have in the ground? The more pounds a company claimed, the higher its market capitalization ran. Once you sift through the companies with very real prospects from those who are cheerleading their "pounds in the ground," you should have a realistic short list.
These are the four key questions which must be answered if you wish to minimize your risk when investing in uranium stocks:
How permeable are the ore bodies you plan to mine?
What is your average grade?
Over what area does your rollfront extend?
What is the depth of your ore body? One of the most important factors to consider is the permeability of the sandstone, from which the uranium will be mined. Permeability is the flow rate of the liquids through the porous sandstone. Knowing what the permeability of the orebody will let you know how much water you can get through the sandstone formation. Harry Anthony, an internationally recognized ISL expert, noted, "You need higher grade ore for tight formations. With high permeability, you can space your wells further apart."
The make-break point for a formation's permeability is its Darcy rating. How high is the Darcy? A typical Darcy can range from minus 1000 to plus 3. The higher the Darcy, the more permeable the formation. This helps determine how economic the orebody is. An acceptable range would be one-half to one Darcy. What is a Darcy? Uranerz Energy CEO Glenn Catchpole, who is also a hydrologist, said, "It is gallons per day over feet squared." He added a pure hydrologist would calculate the feet per day or centimeters per second to get a more accurate permeability assessment.
With low permeability in a tight formation, you may need to space more wells in a typical well field pattern. While explaining that costs are fixed and variable, Anthony computed the cost of a production well for a 500 foot deposit at $15,000. An injection well could cost $11,000 to install. By comparison, in New Mexico, where the deposits are wider and of higher grade, a 2000-foot production well might cost $27,000 and the injection well could cost $18,000, and it would still be economic. Obviously, the deeper the deposit, the more it will cost to extract the uranium. Not only will the capital costs increase, but operating costs will be greater.
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average
The world today is the world of internet and cyber trade. All the companies who have a certain market share in the product or service they are producing and selling now need a web interface. This has resulted in the need of having a web interface. The internet life style has changed the whole world. Now as the whole world is practically a village and the flow of information as well as of goods is very quick, the political borders do not matter any more. The businesses and their success are very much dependent on the survival in the online world. Along with that, the opportunities offered by the still vacant space on the web have created a huge demand for new websites. If you want to have your own website, get it made for your business so as to make it most profitable for you.If you want to have your own website, follow certain steps. First of all, decide what you want to produce. If you want t
These are the four key questions which must be answered if you wish to minimize your risk when investing in uranium stocks:
How permeable are the ore bodies you plan to mine?
What is your average grade?
Over what area does your rollfront extend?
What is the depth of your ore body? One of the most important factors to consider is the permeability of the sandstone, from which the uranium will be mined. Permeability is the flow rate of the liquids through the porous sandstone. Knowing what the permeability of the orebody will let you know how much water you can get through the sandstone formation. Harry Anthony, an internationally recognized ISL expert, noted, "You need higher grade ore for tight formations. With high permeability, you can space your wells further apart."
The make-break point for a formation's permeability is its Darcy rating. How high is the Darcy? A typical Darcy can range from minus 1000 to plus 3. The higher the Darcy, the more permeable the formation. This helps determine how economic the orebody is. An acceptable range would be one-half to one Darcy. What is a Darcy? Uranerz Energy CEO Glenn Catchpole, who is also a hydrologist, said, "It is gallons per day over feet squared." He added a pure hydrologist would calculate the feet per day or centimeters per second to get a more accurate permeability assessment.
With low permeability in a tight formation, you may need to space more wells in a typical well field pattern. While explaining that costs are fixed and variable, Anthony computed the cost of a production well for a 500 foot deposit at $15,000. An injection well could cost $11,000 to install. By comparison, in New Mexico, where the deposits are wider and of higher grade, a 2000-foot production well might cost $27,000 and the injection well could cost $18,000, and it would still be economic. Obviously, the deeper the deposit, the more it will cost to extract the uranium. Not only will the capital costs increase, but operating costs will be greater.
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average
Your investment club will need to decide what type of entity you're going to adopt for business purposes. You'll have to decide whether you're going to be a corporation, a general partnership, or limited liability partnership. Each of these business models has their own advantages and disadvantages.· Corporation. Most investment clubs will avoid becoming a corporation. This is because corporations are taxable business entities that require knowledgeable accounting skills to make them run smoothly and in accord with government regulations. A corporation generally means a lot of paperwork. This paperwork can be avoided by choosing another business model for your purpose of running an investment club.· General partnership. This type of business model requires less paperwork and knowledge about taxes and other financial issues. Most investment clubs choose a general partnership as their cho
The make-break point for a formation's permeability is its Darcy rating. How high is the Darcy? A typical Darcy can range from minus 1000 to plus 3. The higher the Darcy, the more permeable the formation. This helps determine how economic the orebody is. An acceptable range would be one-half to one Darcy. What is a Darcy? Uranerz Energy CEO Glenn Catchpole, who is also a hydrologist, said, "It is gallons per day over feet squared." He added a pure hydrologist would calculate the feet per day or centimeters per second to get a more accurate permeability assessment.
With low permeability in a tight formation, you may need to space more wells in a typical well field pattern. While explaining that costs are fixed and variable, Anthony computed the cost of a production well for a 500 foot deposit at $15,000. An injection well could cost $11,000 to install. By comparison, in New Mexico, where the deposits are wider and of higher grade, a 2000-foot production well might cost $27,000 and the injection well could cost $18,000, and it would still be economic. Obviously, the deeper the deposit, the more it will cost to extract the uranium. Not only will the capital costs increase, but operating costs will be greater.
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average
Imagine for a moment this scenario from a frustrated Senior Manager of a large pharmaceutical organization: “Our organization has experienced a large turnover among project managers in the past year. This creates problems providing ongoing quality and service to our stakeholders. We just don’t know what is causing the problem!” Sound familiar? Well you’re not alone. I remember that filmmaker Woody Allen once said that “80% of success is showing up.” However, the greater challenge is finding ways to keep people there.Employee turnover is simply a fact of life in the business world. The days when employees would stay and grow with a company for the duration of their working life are gone. Studies today reveal that individuals stay with their current employer a maximum of five years before moving on. While 0% turnover is simply unrealistic, increased turnover in your organization could
Uranium grades can be a contentious point. "Grade is the driving force," Harry Anthony shot back. We asked him about companies which said they could run an economic ISL operation with grades as low, or lower than 0.02. Anthony laughed, "They'd be out of business before they started." Strathmore Minerals' president David Miller offered a more technical analysis, "That will not likely have enough recoverable pounds. The operating grade feeding the plant will be too low." What is the best grade? Miller wanted to see properties with deposits that average on the order 0.5, 0.10, or 0.15.
Uranium grades can impact the cost of operating an ISL plant. An ISL plant may operate at 5000 gallons per minute. Running 24 hours daily, the plant would process 7.2 million gallons of water. Operating costs are based upon cost per thousand gallons of water. "This includes electricity, reagents and labor," said Anthony. On a daily basis, it would cost more than $21,000 to run an ISL plant, based upon Anthony's calculations of $3.03 per thousand gallons of water. Under this scenario, a plant might produce 2360 pounds of U3O8 every day or 80,000 pounds monthly. The cost to produce each pound would be $8.18. Using that math, the uranium grades would be about 44 parts per million (ppm) or 0.08. Anthony said, "I like to see 70ppm or higher." That comes to a uranium grade of 0.13.
Another way to evaluate a company's uranium property is looking at each part of its development costs. In a well field pattern, David Miller can determine the economic viability of the ground. "The keys to what is recoverable include how many pounds are recoverable per pattern and what it costs to install a pattern," Miller explained. "If you have 10,000 pounds in place and can recover 8000 pounds, your well field development cost can be $8/pound, if it costs you $80,000 to install that pattern.
The cost to install a pattern also depends over how much territory your uranium deposits run. "Ten million pounds over an area of one-half mile will cost less than those same pounds over an area of two to four miles," explained Terrence Osier, Strathmore Minerals senior geologist. "That means more injection wells and more production wells." Depth of the wells influences installation cost and impacts its daily operating cost. "When uranium costs were very low, a company needed 70,000 pounds per pattern," Anthony commented. "Now a company might only need 20,000 pounds per pattern to make it economic."
There are many variables within the above advices provided by these experts. However, the important point to realize is the time of hyperbole and hoopla over "pounds in the ground" has passed. As more uranium development companies move closer to establishing an ISL operation, the go/no-go consideration, as UR-Energy CEO William Boberg aptly described it, will come down to permeability. After that, the economics of a project will either make it viable or not. Using these criteria, you can avoid the hysteria by speculating with the odds stacked more in your favor.
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