Ur Energy IncUr Energy IncUr Energy Inc

Ur Energy Inc

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Lost Creek Property has a calculated before tax Internal Rate of Return (IRR) of 72.2 percent and a before tax NPV of $210.9 million applying an eight percent discount rate. When income taxes are included in the calculation, the after-tax IRR is 66.8 percent and the after tax NPV is $156.8 million applying an eight percent discount rate. Life of Mine (LoM) operating costs are approximately $33.61 per pound of U3O8 produced including royalties and local taxes. Federal and State income taxes are estimated to be $8.72 per pound.