BKY worth a look for a uranium play - MC~100mill, SP 0.57, SOI 180mill, options 20mill, cash 8mill, cash burn/quarter ~2.5mill
- 83tonnes in the ground of uranium at Salamanca (europe) (~40tonnes indicated)
- Approvals in place
- Production started at Salamanca 3/2016 (power lines etc, main plant not funded yet)
- 130mill CPAPEX for plant
In next 6-12 months as per recent interview w/MD
• Publication of the results of the final feasibility study in June 2016
• signing of purchase contracts with nuclear power plants
• Successful financing of the project
• start date for construction
Lots of near term chances for appreciation. DYOR these figures may be slightly old but gives you an idea of whats to come
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