UNO is still very much undervalued per today's sp of 30c (Market Cap of $9m) IMO - considering U spot price of US$44 per lb - giving an in-situ value for the Maiden Inferred Resource Estimate of 10.9Mlb Uranium Oxide at Double 8 Prospect of US$479.6m
Discount US$479.6m by 80% - UNO is still worth AUD$129m in market cap !!!! - This does not take into consideration of Additional Mineralisation Potential of between 6.6 and 15.4Mlb Uranium Oxide
If you are a believer of U future shortage (ie. U prices going up) then consider UNO as WA has consented to U mining - have to as falling commodity prices have a shortfall effect to the state budget !!!
This is just solely MO - DYOR
What do you think ?
AngelofAngels
UNO
uranio limited
