Stage 4 Expansion Study
The Stage 4 expansion study has been advanced, assessing the feasibility of increasing production up to 10Mlb U3O8 pa. At the end of the 2012 financial year, the Environmental Impact Assessment (EIA) approvals for the Stage 4 expansion were received from the Namibian Government and the project could be advanced without any significant remaining regulatory approvals. For the interim, however, Langer Heinrich Uranium (Pty) Ltd will hold off the final completion of the Feasibility Study until all aspects of the Stage 3 equipment have been fully optimised and understood and above design performance can be incorporated into the Stage 4 expansion study.
Process design work undertaken in the latter part of 2012 and early 2013 has revised the likely Stage 4 operating parameters and these will be incorporated into a revised study. This work is ongoing.