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11.1% 3.0¢ cauldron energy limited

Bennet Well - Defined Low Cost ISR Western Australian Uranium Resource, page-185

  1. Bottsy13
    3,219 Posts.
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    20/07/22
    17:52
    Post #: 62636128
    At $100 lb the 30.9 mlb resource is worth over $3bil and the company is currently worth under $5m.

    A company with this kind of MC id expect to have a package of tenements drilling some holes and hoping to find a resource. Not actually have one! The WA government will come around when the pressure comes from the US and they realise how much money they will be missing out on. Particularly if the price of iron ore keeps falling. China in due course will bring its own resources online lessening demand.
    Last edited by Bottsy13: 20/07/22
    CXU Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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