GTI Energy Ltd has released an updated announcement on its Lo Herma Uranium Project in Wyoming’s Southern Powder River Basin. The revised scoping study confirms that the project could become a competitive, low‐cost uranium producer using in-situ recovery (ISR) methods. The study targets a life-of-mine production of approximately 5.98 million pounds of U3O8 over a seven-year period, with an annual production rate of about 800,000 pounds. Financial projections indicate a pre-tax net present value (NPV8) of around US$110 million and an internal rate of return (IRR) of 52% for a design based on a central processing plant, while an alternative satellite operation approach shows an even higher IRR of 66% with an estimated NPV8 of US$118 million. The study’s analysis shows attractive economics based on an assumed uranium sale price of US$90 per pound and an estimated uranium breakeven price of approximately US$60 per pound, down from previous estimates of around US$65 per pound. Capital expenditure is estimated at roughly US$67 million for the central processing plant option, with pre-production costs of approximately US$43 million. Operating cost estimates include cash operating costs of about US$32 per pound and an all-in sustaining cost (AISC) near US$41 per pound. The project’s payback period is forecast at approximately 2.5 years from the start of production, with further upside potential if exploration upgrades and additional drilling convert more inferred resources into indicated resources. The technical study, prepared in accordance with the JORC Code (2012) by BRS Engineering Inc., covers detailed aspects including wellfield design, hydrogeological testing, metallurgical tests, and resource estimates. The mineral resource, totaling 8.57 million pounds of U3O8, is presently split between 32% indicated and 68% inferred, meaning that further drilling and exploration are required to refine the estimates and reduce geological uncertainties. The project benefits from favorable geology, low reagent costs, and established infrastructure in a mining-friendly region, which adds support to its technical and economic assessments. Market sentiment on the project may be seen as balanced. On the bullish side, the low initial capital outlay, robust NPV, strong IRR, and quick payback period are encouraging indicators of profitability. However, the bearish aspects include the inherent risks associated with a significant proportion of inferred resources, the need for additional hydrogeological and metallurgical testing, and uncertainties regarding future funding and permitting. Overall, GTI Energy Ltd’s updated study presents an optimistic outlook for the Lo Herma Project while acknowledging the standard forward-looking risks common to early-stage mining developments.