Thanks, Willy. I'd like to point out, though, that there have been few accurate prediction of uranium prices 5-years out, or even the prices of much else, but especially uranium. I agree that these prices can turn quickly, and I might be more accepting of this forecast had they said, "...$80 a pound by 2020..." instead of, "...$80 a pound in 2020...", but maybe I'm being too literal.

As a bit of a side note, few in mining finance take seriously discounted cash flow analysis beyond the first five years of production, because predictabilty drops very significaly beyond that point.

...just a FWIW.

VP