At 19c, or a market cap of $17m, allows for a very small premium for the geothermal assets. I'm still going to assign a value of nil to the U assets, so the geothermal prospects, which include the project with the best gradient in the world (to be confirmed), and the ready-to-drill LC project are valued at $5.5m. This premium is going to balloon when the facts are more widely known.
19c is 100% unsustainable, and over the next few months, there is no way the SP will be able to stay down in this region. Very good buying times.
URO
unknown
