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Capstone Green Energy President & CEO Darren Jamison and CFO Eric Henchken make a formal corporate presentation. Afterwards, they are joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event. Research, News, and Advanced Market Data on CGRNInformation on upcoming live virtual roadshows
About Capstone Green Energy Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems. |
Category: Energy
Can You Invest in Uranium Directly?
Image Credit: IAEA Image Bank (Flickr)
This Firm Facilitates Direct Investment in Physical Uranium
Sure, Robinhood provides the ability to invest in fractional shares, and you can trade 7 different
cryptocurrency coins, but can you buy 50 tons of physical uranium?
In a press release dated this past Tuesday, Uranium Trading Corporation (UTC) announced they were the facilitator of the purchase of uranium for a large multifamily office. The initial purchase amount is for 100,000 pounds of U3O8. Not too long ago a physical investment in U308 would have seemed impossible. Today the doors are opening on once undreamt-of investment fronts – holding this increasingly popular commodity is just another one.
Background
The demand for uranium is expected to exceed its supply in the near future. UTC, founded in 2018, was formed to provide the means for investors to invest in business opportunities in the civil uranium market. The means to transact in the fuel involves UTC, a corporation that directly invests in natural uranium oxide in concentrates (“U3O8”) and uranium hexafluoride (“UF6”) and a company named 92 Trading, LLC which will provide management services to UTC. 92 Trading is engaged in pursuing commercial business and providing trading opportunities in the international uranium market. Its objective is to generate value for UTC investors and provide a pathway for it to invest in the storage of physical uranium with the goal of achieving capital appreciation resulting from any price increases due to expected future fundamental supply and demand imbalances.
As it relates to this transaction for the family office, David Berklite, CEO of Uranium Trading Corp said, “We are excited to have the opportunity to open up a market that has historically been isolated from the financial investment community,” he added “This purchase comes at a time when supply is being shut in globally and demand from reactor new builds continues its accelerated growth trajectory. As an asset class, uranium as a commodity represents what we believe to be a compelling opportunity with almost no correlation to any other asset class.”
No other details about this transaction have been given. Channelchek reached out to spokesman for UTC, for further information. We will pass anything pertinent along to our readers as they respond. Channelchek also discussed this with Noble Capital Markets Senior Energy Analyst Michael Heim, he commented, “…there is definitely a trend towards more speculative uranium trading.” Heim followed with, “…they now trade uranium futures, @UXX.1 on CNBC and UX=F on Yahoo, but they are very thinly traded.”
Take-Away
The move away from carbon-based fuels has caused a move toward uranium as a possible replacement for reliable energy for electric generation. Uranium has come back into vogue just as some large mines have closed or reduced output. Investors are looking to capitalize on what they now see as a recipe for higher uranium prices. Most trade in mining companies (see partial list below), it now appears direct investment is not impossible.
Managing Editor, Channelchek
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Sources:
https://www.sec.gov/Archives/edgar/data/1750407/000149315218014189/ex10-1.htm
Flotek Industries (FTK) – Coverage Initiated

Thursday, July 01, 2021
Flotek Industries (FTK)
Coverage Initiated
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. Flotek Industries, Inc. is a technology-driven, specialty chemistry and data company that helps customers across industrial, commercial and consumer markets improve their Environmental, Social and Governance performance. Flotek’s Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit Flotek’s web site at www.flotekind.com.
Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Initiating coverage of energy service company poised to take advantage of growing environmental focus by energy drillers. Flotek Industries is a green, technology-driven specialty chemistry and data company selling across industrial, commercial and consumer markets. Primary products include specialty chemicals for oil and gas producers, cleaning and sanitation products, and data analytics.
Sales should improve as drilling picks up. Oil and gas prices have risen in recent quarters leading energy companies to increase drilling activity. Increased drilling should result in increased demand for Flotek’s products. We look for revenues to show favorable growth trends in upcoming quarters …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
OPEC Plus Meeting will Likely Unwind Production Cuts
Image Credit: Jerry and Pat Donaho (flickr)
Oil Market Conditions May Change as We Enter the Second Half of 2021
The end of the pandemic-driven standstill in commerce and the current economic global reopening has meant a resumption in demand for oil products. The Organization of Petroleum Exporting Countries and their allies (OPEC+) will meet most of this weekend and through Thursday to review oil market conditions. There are high expectations that they will want to roll back further some of their crude output decreases that were decided upon over the past year.
OPEC Plus Meetings
At the beginning of the second quarter, OPEC+ met and agreed to return to a gradual rollback of previous output cuts beginning May and extending through July. At the time, Saudi Arabia also made clear its intention to unwind the voluntary cuts the kingdom had been making. OPEC+ had been holding back roughly eight million barrels a day of output at the time, one million of which represents the Saudis’ voluntary cut. The move to increase production levels didn’t cause weakening in the crude markets. In fact, the global benchmark for Brent crude on Friday (June 25) and the U.S. price for West Texas Intermediate (WTI) were each at their highest levels since October 2018 (front-month contracts $76.18 and $74.05, respectively).
On Tuesday, July 6 and Wednesday, OPEC+ will be convening for technical meetings to review the oil market, in preparation for the “official meeting” via videoconference on Thursday of the full OPEC+. It is during this meeting that they will formalize their decision on production levels.
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Who is OPEC Plus? The Organization of the Petroleum Exporting Countries Plus (OPEC+) is a loosely affiliated body consisting of a cartel of 13 OPEC members along with 10 non-OPEC large oil-producing nations. The objective of OPEC+ is to orchestrate world oil production so as to target price levels. |
Wild Card is OPEC+ Doesn’t Increase
Although the cartel sees that oil consumption is rising and expected to continue throughout the year, there’s another “wrinkle” that might alter the expected decision to roll back previous output reductions. The wrinkle is Iran. The U.S. and Iran have been engaging indirectly to move toward restoring the 2015 nuclear deal. This arrangement had been aimed at limiting Iran’s military-focused nuclear development. It may be that the final agreement includes guidance in case the Iran talks advance and cause the U.S. to lift sanctions that had been imposed during the Spring of 2018. This would allow Iran to increase its oil sales.
The probability of the U.S. / Iran restoring the nuclear deal and lifting oil sanctions has been complicated by the recent election of a more conservative Iranian President.
Take-Away
Any agreed upon OPEC+ production increase is likely to impact long-term oil prices that remain high. Current global economic growth, barring a renewed shutdown, may be absorbed just as easily as the increases decided upon earlier this year. Oil markets and the related oil company and alternative fuel stocks may still get a jolt late next week as traders will watch closely and react to perceptions of where they believe this takes us.
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Virtual Roadshow Replay with Indonesia Energy President Frank Ingriselli This Virtual Road Show Replay features a formal corporate presentation from Indonesia Energy President Frank Ingriselli. Afterward, he is joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event. Watch the replay, and get Noble’s research on INDO, as well as news and advanced market data at the link below. |
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Official US Price and Inventory Oil Forecast for the Second Half of 2021
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Investment Opportunities in Hydrogen
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The Bill Gates / Warren Buffett Natrium Reactor Risks and Benefits
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Sources:
https://www.iea.org/reports/oil-market-report-june-2021
https://www.opec.org/opec_web/en/311.htm
https://en.wikipedia.org/wiki/United_States_withdrawal_from_the_Joint_Comprehensive_Plan_of_Action
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Virtual Roadshow with Indonesia Energy (INDO) President Frank Ingriselli
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Indonesia Energy President Frank Ingriselli makes a formal corporate presentation. Afterwards, he is joined by Noble Capital Markets Senior Research Analyst Michael Heim for a Q & A session featuring questions asked by the live audience throughout the event. Research, News, and Advanced Market Data on INDOInformation on upcoming live virtual roadshows
About Indonesia Energy Corporation Limited Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia. IEC’s principal assets are its Kruh Block (63,000 acres) located onshore on the Island of Sumatra in Indonesia and its Citarum Block (1,000,000 acres) located onshore on the Island of Java in Indonesia. IEC is headquartered in Jakarta, Indonesia and has a representative office in Danville, California. For more information on IEC, please visit www.indo-energy.com. |
Release – Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil And Gas Customer
Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer
SOURCE: Capstone Green Energy Corporation
Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer
Capstone Green Energy Secures Order For Multiple Microturbines For Australian Oil & Gas Customer
SOURCE: Capstone Green Energy Corporation
Release – Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series
Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series
SOURCE: Capstone Green Energy Corporation
Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series
Capstone Green Energy Announces Participation In Noble Capital Markets Virtual Road Show Series
SOURCE: Capstone Green Energy Corporation
Indonesia Energy Corp (INDO) – Virtual Roadshow Highlights

Friday, June 25, 2021
Indonesia Energy Corp (INDO)
Virtual Roadshow Highlights
Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. It holds two oil and gas assets through its subsidiaries in Indonesia: one producing block (the Kruh Block) and one exploration block (the Citarum Block). The Kruh Block is located to the northwest of Pendopo, Pali, South Sumatra. The Citarum Block is located to the south of Jakarta.
Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Noble and Channelchek recently hosted a virtual roadshow featuring Frank Ingriselli, President of Indonesia Energy. In the presentation, Mr. Ingriselli gave an update on recent drilling activity and plans, updated expected well investment returns in light of higher oil prices, and discussed the firm’s financial position and financing options.
First well result are in line with expectations. INDO completed its first well in the Kruh block on June 4 and has begun perforation and flow measurement. Mr. Ingriselli indicated that the company expects to announce flow results in the next week or two but that the well is operating in line with expectations. Management has described a type curve for the field with an initial flow of around …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
enCore Energy Corp. (ENCUF)(EU:CA) – enCore announces PEA results for its New Mexico properties

Friday, June 25, 2021
enCore Energy Corp. (ENCUF)(EU:CA)
enCore announces PEA results for its New Mexico properties
enCore Energy Corp together with its subsidiary, is engaged in the acquisition and exploration of resource properties. The company holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The firm also owns or has access to North American and global uranium data including the Union Carbide, US Smelting and Refining, UV Industries, and Rancher’s Exploration databases in addition to a collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.
Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
enCore announced Preliminary Economic Assessment results for its recently-consolidated Juan Tafoya and Marquez projects in New Mexico. The assessment covers historical company assets and assets acquired in the Westwater Resources transaction of last year. As a reminder, these assets are long term in nature, and we do not expect the company to mine the projects in the near future. Instead, we expect management to focus on Texas operations including the reactivation of the Rosita production facility.
The PEA reports a range of value of $20.9-$71.2 million. The range assumes uranium yellowcake prices of $60-$70/lb. Internal return rates range from 17-39% and assume capital costs of $72 million and a 7% discount rate. All-in costs are estimated at $48/lb. As a reminder, current uranium spot prices are closer to $30/lb. and contracted prices are near $40/lb., well below the PEA’s assume prices …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
Release – Tony Wells Joins Gevo as General Manager for Net-Zero 1
Tony Wells Joins Gevo as General Manager for Net-Zero 1
ENGLEWOOD, Colo., June 24, 2021 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), announced today that Tony Wells has joined Gevo as its General Manager/Site Leader for its future Net-Zero 1 facility expected to be located in Lake Preston, South Dakota. Mr. Wells brings 30+ years of operations management, engineering, and business development experience across industries including corn milling, food processing, ethanol and biodiesel production. He is expected to lead and assemble the organization that will operate the Net-Zero 1 facility.
“Tony is the real deal. He is a ‘been there, done it’ person and a skilled general manager. He knows how to build teams and operations. His experience in engineering and plant design should not be lost on anyone either. We are glad to have him with us. He’s good,” said Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer.
“Becoming part of the team behind Net-Zero 1 is a monumental privilege,” said Mr. Wells. “Assembling the team that will be the driving force of this first of its kind, state-of-the-art facility is the highlight of my career,” continued Mr. Wells.
About Gevo
Gevo’s mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle). Gevo’s products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions. In addition to addressing the problems of fuels, Gevo’s technology also enables certain plastics, such as polyester, to be made with more sustainable ingredients. Gevo’s ability to penetrate the growing low-carbon fuels market depends on the price of oil and the value of abating carbon emissions that would otherwise increase greenhouse gas emissions. Gevo believes that its proven, patented technology enabling the use of a variety of low-carbon sustainable feedstocks to produce price-competitive low-carbon products such as gasoline components, jet fuel and diesel fuel yields the potential to generate project and corporate returns that justify the build-out of a multi-billion-dollar business.
Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.
Learn more at Gevo’s website: www.gevo.com
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, without limitation, including the hiring of Tony Wells, Gevo’s technology, Gevo’s Net-Zero 1 project, Gevo’s products, Gevo’s ability to produce products with “net-zero” greenhouse gas emissions, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.
Investor and Media Contact
+1 720-647-9605
IR@gevo.com
Release – enCore Energy Announces Positive Preliminary Economic Assessment (PEA) Results
enCore Energy Announces Positive Preliminary Economic Assessment (PEA) Results and combined, N.I. 43-101 Technical Report for its Juan Tafoya-Marquez Project, New Mexico
CORPUS CHRISTI, Texas, June 24, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the “Company” or “enCore“) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) for the company’s recently consolidated Juan Tafoya and Marquez projects located in the Grant’s Uranium District in northwest New Mexico. This is the first PEA for the projects as this is the only time in recent history that the two contiguous mineralized properties have been held under the same company. The PEA was constructed based on a combined and updated NI 43-101 Technical Report using an Indicated resource of 7.1 million tons at a grade of 0.127% eU3O8 for a total of 18.1 million pounds of U3O8.
The PEA reports the Net Present Value (“NPV”) for the project that ranges from $20.9 million using $60.00 per pound of yellowcake (U3O8) to $71.2 million using $70.00 per pound of yellowcake with internal rate of returns (“IRR”) ranging from 17% to 39% with corresponding yellowcake prices; these scenarios are pre-tax and assume a 7% discount rate. The break-even price of production is estimated to be $56.00 per pound.
“This initial PEA enables enCore to illustrate the economic opportunities of the combined Juan Tafoya and Marquez deposits which have been consolidated with the Westwater Resources transaction completed at year end 2020. This report assumed conventional underground operation and recovery through a newly constructed conventional mill, though the authors did acknowledge that further research may prove the property amenable to either in-situ recovery (“ISR”) or heap leach processing; either of which would have a positive material impact on the economic conclusions of the current PEA.” said Paul Goranson, Chief Executive Officer. “This study points to the economic importance of our conventional assets in New Mexico, with further work it may well be determined that some, or conceivably most, of the uranium at Juan Tafoya-Marquez might be amenable to lower cost recovery options including ISR or heap leaching.”
The PEA evaluated the economics of mining at Juan Tafoya-Marquez through underground mining and on-site processing (milling) to produce yellowcake. The study has an effective date of June 9, 2021, and was prepared by Douglas L. Beahm, P.E, P.G., of BRS Inc. in cooperation with Terence P. McNulty, P.E., PhD, of McNulty and Associates.
PEA Summary Mine Plan and Operating Assumptions
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Total Tons mined |
6,033,000 |
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Total Tons Waste mined |
1,392,000 |
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Total Tons of Resource mined |
4,641,000 |
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Total Pounds Yellowcake ( U3O8 ) Contained |
12,184,000 |
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Average Diluted Grade % U3O8 |
0.188% |
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Total Pounds U3O8 Recovered @ 95% recovery |
11,575,000 |
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Life of Mine |
15 years |
PEA Summary Capital and Operating Costs
|
Initial Capital Costs (including contingency) |
|
|
Mine Direct Capital |
$42,110,000 |
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Mill and Tailings Capital |
$37,200,000 |
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Total LOM Capital Costs |
$79,310,000 |
Life of Mine Cost Summary
|
Cost Center |
Total Cost US$ (x1,000)* |
Cost per Pound Recovered US$ |
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OPEX Mine |
$308,000 |
$26.62 |
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OPEX Mill |
$184,000 |
$15.90 |
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Decommissioning and Reclamation |
$13,000 |
$1.11 |
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Taxes and Royalties |
$53,000 |
$4.55 |
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TOTAL OPEX (LOM) |
$558,000 |
$48.10* |
|
*rounded |
PEA Summary Economics at $60.00/lb. Yellowcake (U3O8)
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Pre-tax and Royalty NPV at 7% |
$20,595,000 |
|
Pre-tax and Royalty IRR |
17% |
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Post Tax and Royalty NPV at 5% |
$18,473,000 |
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Post Tax and Royalty IRR |
16% |
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Post Tax payback |
5.0 years |
|
Total LOM Revenue |
$694,474,000 |
|
Total LOM Direct Costs |
$523,699,000 |
|
Total LOM Royalties |
$33,566,000 |
|
Total LOM Taxes |
$3,225,000 |
|
Total cash Flow after taxes and royalties |
$54,674,000 |
|
Cash Cost ($/lb. U3O8) |
$42.53 |
The base case summarized above assumes the owner will purchase all mining equipment. The base case assumes mining and milling at an average rate of 1000 tons per day year-round
Sensitivities
|
U3O8 Price US$/lb |
$60 |
$65 |
$70 |
|
Pre-Tax NPV 5% $000 |
$20,914 |
$50,970 |
$71,199 |
|
Pre-Tax IRR |
17% |
30% |
39% |
Mineral Resources
The mineral resources used in this PEA include Indicated mineral resources estimated by Douglas Beahm. The resources are found in two different stacked sands currently identified on the Juan Tafoya-Marquez property. Mineralization occurs in a third upper sand but is insufficiently defined to be included in this report. The in-situ estimates used electronic logs from 926 drill holes and over 575,809 meters of drilling.
Indicated Mineral Resources
|
Indicated Mineral Resources |
|||
|
Minimum 0.60 GT |
TONS |
%eU3O8 |
Pounds |
|
C Sand |
1,426,355 |
0.156 |
4,455,706 |
|
D Sand |
5,685,244 |
0.120 |
13,678,258 |
|
TOTAL |
7,111,599 |
0.127 |
18,133,964 |
|
ROUNDED TOTAL (x 1,000) |
7,100 |
0.127 |
18,100 |
Disclosure
The PEA is only summarized in this press release as an initial high-level review of the project the complete detailed report will be filed on SEDAR within 30 days of this press release. The PEA is preliminary in nature. There is no guarantee that the project economics described in this report will be achieved.
Qualified Persons
The independent qualified persons responsible for preparing the Juan Tafoya-Marquez Preliminary Economic Assessment are Douglas L. Beahm, P.E., P.G., of BRS Inc. and Terence P. McNulty, of McNulty and Associates.
Douglas H. Underhill, PhD, CPG, enCore’s Chief Geologist, is the Company’s designated Qualified Person (QP) for this news release within the meaning of NI 43-101 and has reviewed and validated that the information contained in the release is consistent with that provided by the QP’s responsible for the PEA.
About enCore Energy Corp.
enCore Energy Corp. is a U.S. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. enCore Energy’s opportunities are created from the Company’s transformational acquisition of its two South Texas production facilities, the changing global uranium supply/demand outlook and opportunities for industry consolidation. These short-term opportunities are augmented by our strong long term commitment to working with local indigenous communities in New Mexico where the company holds significant uranium resources including the NI 43-101 resources at the partially permitted Crownpoint-Hosta Butte property and the NI-43-101 resources at the Juan Tafoya-Marquez property.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.
SOURCE enCore Energy Corp.


















