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CONTRACT COMMITMENTS (Details) | 1 Months Ended |
--- | --- | ---
Mar. 31, 2006 lb | Dec. 31, 2012 lb
Itochu |  |
CONTRACT COMMITMENTS |  |
Percentage of actual production from properties in Texas currently owned or hereafter acquired, required to be delivered | 50.00% |
Total Uranium deliveries from inception of the contracts through December 31, 2012 (in pounds) |  | 510,000
Period prior to the date of delivery based on which average spot price is calculated to determine the sales price of Texas production | 56 days |
Amount reduced from average spot price for the eight weeks prior to the date of delivery to determine the sale price of Texas production (in dollars per pound) | 7.5 |
Floor for the spot price at which Texas production will be sold (in dollars per pound) | 37 |
Ceiling for the price at which Texas production will be sold (in dollars per pound) | 43 |
Spot price per pound above which price will be increased by 50% of such excess | 50 |
Percentage of excess of spot price over $50 per pound by which sale price of Texas production will be increased | 50.00% |
Amount of deliveries from Texas production to which floor, ceiling and sharing arrangement over the ceiling applies (in pounds) | 3,650,000 |
Notice period to cancel deliveries from Texas production | 6 months |
UG |  |
CONTRACT COMMITMENTS |  |
Percentage of actual production from properties in Texas currently owned or hereafter acquired, required to be delivered | 50.00% |
Total Uranium deliveries from inception of the contracts through December 31, 2012 (in pounds) |  | 480,000
Amount reduced from average spot price for the eight weeks prior to the date of delivery to determine the sale price of Texas production (in dollars per pound) | 6 |
Amount of sale in a particular delivery year at a price equal to the month-end long-term contract price for the second month prior to the month of delivery less $6 per pound until specified amount of Texas production is sold (in pounds) | 600,000 |
Aggregate amount of sale to be made at a price equal to the month-end long-term contract price for the second month prior to the month of delivery less $6 per pound until specified amount of Texas production is sold (in pounds) | 3,000,000 |
Percentage of amount reduced from the average spot price for a period prior to the date of delivery at which right of first refusal to purchase other Texas production can be exercised | 4.00% |

X
- Definition Represents the aggregate amount of production from mineral properties to be sold at a specified price as per the contractual arrangement until a specified amount of production is sold. + References No definition available. + Details
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- Definition Represents the aggregate deliveries of production from mineral properties from inception of the contractual arrangement to date. + References No definition available. + Details
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- Definition Represents the amount of production from mineral properties to be sold in a particular delivery year at a specified price as per the contractual arrangement until a specified amount of production is sold. + References No definition available. + Details
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- Definition Represents the amount of deliveries from mineral properties which are subjected to certain clauses of the contractual arrangement. + References No definition available. + Details
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- Definition Represents the ceiling spot price per pound at which the production from mineral properties will be sold. + References No definition available. + Details
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- Definition Represents the floor spot price per pound at which the production from mineral properties will be sold. + References No definition available. + Details
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- Details
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- Definition Represents the notice period on exercise of the right to cancel deliveries from mineral properties as per the contractual arrangement. + References No definition available. + Details
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- Definition Represents the percentage of actual production from mineral properties required to be delivered under the contractual arrangements. + References No definition available. + Details
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- Definition Represents the percentage of amount reduced from average spot price per pound for a period prior to the date of delivery at which right of first refusal to purchase production from mineral properties can be exercised. + References No definition available. + Details
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- Definition Represents the percentage of excess of spot price per pound over the specified price per pound by which the sale price of production from mineral properties will be increased. + References No definition available. + Details
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- Definition Represents the period prior to the delivery date based on which an average spot price is calculated to determine the sales price of the production from mineral properties. + References No definition available. + Details
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