PR Newswire
LITTLETON, Colo., Oct. 27, 2017
LITTLETON, Colo., Oct. 27, 2017 /PRNewswire/ -- Ur-Energy Inc. (NYSE American:URG, TSX:URE) ("Ur-Energy" or the "Company") has filed the Company's Form 10-Q for the quarter ended September 30, 2017, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and with Canadian securities authorities on SEDAR at www.sedar.com.
Ur-Energy Chairman Jeff Klenda said, "During a quarter when uranium spot prices continued to face downward pressure, we were pleased to realize a $40 per pound average sales price and generate $3.9 million in cash from operating activities, including the sale 180,000 pounds of produced product for $7.8 million in cash late in the quarter."
Lost Creek Production and Sales
During the three months ended September 30, 2017, a total of 52,812 pounds of U3O8 were captured within the Lost Creek plant. 48,336 pounds were packaged in drums and 36,797 pounds of the drummed inventory were shipped to the conversion facility. We sold 289,000 pounds of U3O8 during the period of which 109,000 pounds were purchased. Inventory, production and sales figures for the Lost Creek Project are presented in the following tables.
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Production and Production Costs | | Unit | | 2017 Q3 | | 2017 Q2 | | 2017 Q1 | | 2016 Q4 | | 2017 YTD | | |||||
| | | | | | | | | | | | | | | | | | |
Pounds captured | | lb | | | 52,812 | | | 65,257 | | | 79,340 | | | 103,558 | | | 197,409 | |
Ad valorem and severance tax | | $000 | | $ | 119 | | $ | 227 | | $ | 241 | | $ | 247 | | $ | 587 | |
Wellfield cash cost (1) | | $000 | | $ | 743 | | $ | 599 | | $ | 889 | | $ | 864 | | $ | 2,231 | |
Wellfield non-cash cost (2) | | $000 | | $ | 730 | | $ | 780 | | $ | 776 | | $ | 777 | | $ | 2,286 | |
Ad valorem and severance tax per pound captured | | $/lb | | $ | 2.25 | | $ | 3.48 | | $ | 3.04 | | $ | 2.39 | | $ | 2.97 | |
Cash cost per pound captured | | $/lb | | $ | 14.07 | | $ | 9.18 | | $ | 11.20 | | $ | 8.34 | | $ | 11.31 | |
Non-cash cost per pound captured | | $/lb | | $ | 13.82 | | $ | 11.95 | | $ | 9.78 | | $ | 7.50 | | $ | 11.55 | |
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Pounds drummed | | lb | | | 48,336 | | | 70,833 | | | 74,382 | | | 111,049 | | | 193,551 | |
Plant cash cost (3) Werbung Mehr Nachrichten zur Ur-Energy Aktie kostenlos abonnieren
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