predictions

  1. 4,327 Posts.
    Hi Folks

    How about once and for all, at least for those interested, put your share price forecasts on this thread with a 'why' attached to it...whether TA or other and we will see where we are at later on.

    Okay so these 'predictions are often a tad 'childish' and infantile...but I fit right into that paradigm anyway so I will start it off ;)

    I am going with MK re his 'done and dusted by December' comments so im going to call $3.50 by Xmas.

    At current levels that would probably equate to around a $200 million MC.Cheap for a producer,probably fair value in a maturing market for a company with a couple of advanced stage projects.

    Why?

    Several factors:

    I think the Rozna deal on some level might get done. MK said $5-10. I'm conservative on that as Urans piece of the pie may not be the 75% or even %50...in fact it could be less and it could be shared amongst 'several parties'. It could be 25%.
    Either way it will boost the MC by multiples and be a springboard and 'foot in the door to 'other' deals.

    Uranium spot price should stay strong and may probably go higher from here in that timeframe
    Ukraine is a big 'if' and if things there were smoother and clearer my MC would be markedly higher.

    The other projects should be further advanced re negotiations and I wouldnt be surprised to see us with 1 or 2 and possibly 3 projects on board by the time 2008 rolls around.
    They might be advanced projects however and although they will be valuable, they will not in my opinion fetch the big $$ capitalisations in a market that 'perhaps' will be looking for 'production $.

    So even if Ukraine and Rozna fall through, I still see Uran doing well with other advanced stage opportunities perhaps a couple of years off of production.

    Thats how im playing this folks. I am not thinking 'production' as there is a distinct possibility both Ukraine and Rozna will go belly up.

    But I am 100% confident we will be invested in a company with a view to production sooner than the majority of its rivals with advanced stage projects, and as ive said, with an MC conservatively around $200 million...or $3.50 a share.

    To put MK,s comments into perspective, particularly for newcomers here, $5-10 a share if a production deal gets done at Rozna is about $300-say 600 million MC.

    Compare that to other producers and it is comparatively very cheap.

    So there you have it $3.50 by Xmas regardless of whether Rozna or Ukraine deals go ahead.

    As for shorter term predictions its just too hard to call. We could see sub 50 cents or $5 or more in a matter of 5 weeks.

    So much in the short term depends on Rozna....and as we have seen with RRS, a good broker report makes all the difference.

    But Uran need to acquire something to get that first I think.
 
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