Fed,
Based on the RESOURCE that PDN has 98,175t - The EV is at US$19.03lb when their market cap is at 5,188,200,000.
ERA - fair point. Weird stock given its freefloat status and jabiluka etc.
But remember BHP took over WMR and based on $20lb+, which at that time was considered very expensive when uranium prices where in the 10's and 20's.
TheGimp
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