Mlbs definition
Examples of Mlbs in a sentence
NI 43-101 Resources(1) Falea (0.03% cut-off) ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ % U3O8 Mlbs Mlbs Indicated 6.9 0.115% 17.4 22.0 Inferred 8.8 0.069% 13.4 16.1 1 See Appendix D.
For the purpose of clarity, all quantities of Product shipped by Seller to Buyer after January 1st 2020 (totalling [***] Mlbs as of the Effective Date of the Agreement) shall be deemed to be credited to the 2020 Annual Base Quantities and subject to the terms of this Agreement.
The following bullet points in Section 2.1 are deleted: 2021: [***] Mlbs, [***]; and 2022: [***] Mlbs, [***].
The quantities of Product that Buyer shall Order from Seller and that Seller shall sell and Deliver to Buyer in each calendar year during the Term (hereinafter the “Annual Base Quantities”) shall be: ▪ 2020: [***] Mlbs spread over the year as follows: • [***]: [***] Mlbs • [***]: [***] Mlbs ▪ 2021: [***] Mlbs, [***]; and ▪ 2022: [***] Mlbs, [***].
Category (MT) (%) (%) (g/t) (Mlbs) (Mlbs) (Moz) Indicated 6.88 0.115 0.161 72.8 17.4 24.4 16.11 Inferred 8.78 0.069 0.200 17.3 13.4 38.7 4.9 The company’s mineral resources as at October 26, 2015 are classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum’s “CIM Definition Standards - For Mineral Resources and Mineral Reserves" in accordance with the requirements of National Instrument 43- 101 “Standards of Disclosure for Mineral Projects" (the Instrument).
One of the largest combined uranium Mineral Resource bases amongst its peer group – with combined Measured Resources of 36.2 Mlbs U3O8, Indicated Resources of 107.3 Mlbs U3O8, and Inferred Resources of 86 Mlbs U3O8 estimated in accordance with NI 43-101.
Without prejudice to the Annual Base Quantities as mutually agreed by the Parties here above and as part of Buyer’s forecasts pursuant to section 2.4 below, the minimum quantities that Buyer shall order and that Seller shall deliver in any given month shall be [***] Mlbs ([***] pounds).
And replaced with the following: 2021: [***] Mlbs, [***]; 2022: [***] Mlbs; and 2023: [***] Mlbs, [***].