-theinvestar: Currently Strathmore is planning to build a mill near Grants,
David Miller: The real issue is getting the permit. We believe it will take 6 years to obtain an NRC and all related permits. With that, last fall we purchased a section of land in the center of the Grants Mineral Belt. Its on a paved highway, infrastructure is in place, and it even has a heavy gauge railroad nearby that comes out of one of the coal mines in the same region, so we’ve positioned it to take advantage of infrastructure and the location in the center of the Grants Mineral Belt. Right now utilities have their uranium supplies for the next 2 or 3 years. It’s that period from 2012 and beyond when new power plants around the world are going to need their initial feeds and then are going to start consuming more and more uranium. 2012 and beyond is when the consumption of uranium is going to start growing dramatically. The mill should receive a license and can be constructed when the big shortages are going to occur.
-theinvestar: What projects are your most advanced, and when are you expecting to open your first mine?
David Miller: Our most advanced is probably Roca Honda in
-theinvestar: When you look at Strathmore, what part of the company would you say sets you apart from other uranium companies?
David Miller: The acquisition of the Kerr McGee properties in