Ur-Energy Inc. · TSX:URE
Ur-Energy — Q3 2009 Earnings Presentation
17 slides from Ur-Energy's earnings presentation, Nov 12, 2009
Slide 1: Welcome to Ur-Energy's Q3 2009 Teleconference & Webcast
Welcome to Ur-Energy’s Q3 2009 Teleconference & Webcast November 12, 2009 TSX: URE TSX: URE NYSE Amex: URG NYSE Amex: URG
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking statements,” within the meaning of applicable securities laws, regarding events or conditions that may occur in the future. Such statements include without limitation the Company’s timeframe for events leading to and culminating in the commencem
Slide 3: Future Demand Continues to Outpace Supply
Future Demand Continues to Outpace Supply Uranium Concentrate Production in the United States 1996 – 2nd Quarter 2009 US uranium concentrate production totaled 3,902,383 pounds U3O8 in 2008. This amount is 14% lower than the 4,533,578 pounds produced in 2007. The US produces only 7% of the uranium i
Slide 4: Share Capital & Cash Position
Share Capital & Cash Position As of September 30, 2009 (Unaudited) Shares Outstanding 93,940,568 Stock Options 8,382,903 Fully Diluted 102,323,471 Cash Resources NYSE Amex C$48,816,694 Secure in Safe Investments URG 1-year price/volume chart Cash per share as of 9/30/09 = ~C$0.52 Share price as of 1
Slide 5: Ur-Energy Project Locations
Ur-Energy Project Locations TSX: URE 5 NYSE Amex: URG
Slide 6: Lost Creek Overview
Lost Creek Overview 540 drill holes defined 1970’s discovery More than 800 drill holes drilled by Ur-Energy 153 monitor/pump test wells installed 185 holes planned for 2009, increased to 235 because finding mineralization in areas where it was not expected Indicated resource average 19.5 ft @ 0.058%
Slide 7: Lost Creek Regulatory Highlights
Lost Creek Regulatory Highlights NRC License Issuance Anticipated Q2 2010 NRC GEIS issued June 2009 NRC SEIS Draft being completed, final expected Q2 2010 NRC Safety and Environmental Report Draft being completed WDEQ Permit Issuance Anticipated before NRC License County Development Plan Application
Slide 8: Status of New NRC ISL Applications
Status of New NRC ISL Applications Site App Acceptance Technical Environmental Draft SER Draft SEIS Name Rec’d Review RAIs Sent RAIs Sent Complete SEIS Complete Complete Inc Delays Moore Ranch 10/1/07 12/20/07 5/14/08 3/23/09 10/2009 10/2009 4/2010 Hank & Nichols 12/1/07 4/18/08 9/11/08 3/12/09 9/20
Slide 9: Lost Creek Regulatory Timeline
Lost Creek Regulatory Timeline (Estimated Completions as of 10/12/09) See Disclaimer re Forward-looking Statements and Projections (slide 2) TSX: URE 9 NYSE Amex: URG
Slide 10: Lost Creek Operational Highlights
Lost Creek Operational Highlights US$22 million in CapEx completed Mine Unit Delineation Engineering Completed Ordered Key Plant Equipment 10 Ion Exchange Vessels 2 Ion Exchange polishing columns 2 Restoration columns 2 Elution columns 2 Filter presses Acquired Operational Support Equipment for curr
Slide 11: Lost Creek Operational Equipment
Lost Creek Operational Equipment NYSE Amex: TSX: URE URG 11
Slide 12: Lost Creek Operational Equipment
Lost Creek Operational Equipment TSX: URE 12 NYSE Amex: URG
Slide 13: TSX: URE NYSE Amex: URG
TSX: URE 13 NYSE Amex: URG
Slide 14: Lost Creek Projected Operational Plan
Lost Creek Projected Operational Plan (Estimated as of 10/27/09) TSX: URE See Disclaimer re Forward-looking Statements and Projections (slide 2) 14 NYSE Amex: URG
Slide 15: New Target Area Potential
New Target Area Lost Creek Deposit Within Permit Area Potential NI 43-101 Resource Indicated - 8.5 million tons @ 0.058% (9.8 million pounds U3O8) Inferred – 0.7 million tons @0.076% (1.1 million pounds U3O8) ~36 compiled linear miles (58 km) of multiple redox fronts Multiple sinuous fronts mainly i
Slide 16: Ur-Energy's Market Status
Ur-Energy’s Market Status Ur-Energy’s Strong Position Technical Team – Best Among North American Juniors Near-Term, Low-Cost Production (~$23.00/lb) Cash Resources, C$48.8 Million (as of 9/30/09) Cash Per Share ~C$0.52 (as of 9/30/09) Ur-Energy’s Windows of Opportunity Strategic Alliances and Consol
Slide 17: Ur-Energy - The Right People. The Right Projects. Right Now.
Ur-Energy - The Right People. The Right Projects. Right Now. For more information, please contact: Bill Boberg, President, Chief Executive Officer & Director Jeff Klenda, Board Chairman & Director By Mail: Ur-Energy Corporate Office 10758 W. Centennial Rd., Ste. 200 Littleton, CO 80127 USA By