G'day all
This company is worth $200 million plus every day of the week. Once sentiment reverses, look out.
Megaton to Megawatt last delivery this November, not long before Japan restarts a few reactors, European union has ceased to finance coal reactors and will begin to finance nuclear, China and India going full steam ahead..
91+ million pounds uranium @ "only" $1 per/pound in ground resource which I consider to be fair value for a high grade project, strategically located, in a country with no geo-political risk, where demand exceeds supply by 50 million pounds per/yr....
as we approach 2015 and spot price recovers as expected, the value of the in ground uranium per/lb could reach $2, $3, $5, $10?...or more.
PLUS Ablation, once proven could add at least another $100+ million to the value of the company.
just my opinion..
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