"The viability of Hay Mtn is a composite of these things and others."

Exactly! And lower energy prices means lower break even costs, even as precous metals prices are going up to further offset lower base metals prices.

"We still await news from the agreement to mine at North Pipes."

I think we will have to see sustainably higher uranium prices before this deal is conclude, so I would forget NPSP for now. ...just my opinion.