massive jorc compliant resource, page-16

the company has just under 100m shares and options on issue (fully diluted).

a share price of $2.00 is not an unrealistic valuation on the company given that Dawson Hinkler is pretty high grade uranium (around 300 to 400 ppm), and is shallow calcrete deposit. Basically, to mine the stuff, all UTO needs to do is get a escavator, dig up the ground, stick it in the back of a truck and ship it off to either Nova Energy's Lake Centipede or Redport/Mega Uranium's Lake Maitland facility for processing.

VERY LOW COST URANIUM DEPOSIT.

On top of that, we have the Westmoreland project which Laramide have expressed interest in purchasing from UTO, there is a 2nd JORC resource estimate due on the Minindi Creek project before SEPTEMBER, we have Paddy Well, Olary Creek....

I think that the value of Dawson Hinkler alone justifies a price of $1.05 to $1.15. When you add on the prospects of all the other projects, a price of $2.15 to $2.47 is not at all unreasonable.

Guys, we need to continue the posts here on this thread so that the message gets out to the market. The reason why UTO will not trade at these higher levels is not because of quality of projects (these guys have a portfolio of uranium assets which is among the best out there), but a lack of market attention / knowledge is required to get this stock into the watchlists of the market.

I suspect that there will be an initial sell off after the company makes its announcement. Following this, over the next couple of days, there will be quite a few brokerage houses out there increasing their attention on the stock, thereby causing a significant re-rating.

You guys need to make up your mind as to what reason you are in this stock for.

If you are in the for quick trade, then I suggest selling on the back of the announcement, and hopefully, trying to get back in at a lower price.

If you are in the for medium to long term, then hold on for the ride, and try to pick up more stock on weakness.

UTO will see $2.00 by this time next year.