Constrained Value Estimate, page-48

Precisely right sailoriion..RCR is sitting with an MC OF around $32.5m and CGR at around $30.4m. We are sitting at an MC of approx. $8.1m. This in my opinion is extremely early sighs of a rerate.

Let's do a revision in light of recent developments, namely Brazil.
1. Cash $1.6 million AUD
2. Phillips River as is $1.0 million AUD
3. Castor Bay as is $1.0 million AUD
4. Stallion REE as is $5.0 million AUD. Potentially massive gross resource of 6 square kilometres or 6 million square metres, with 30 metre average depth host ore. This could equate to around 180 million cubic metres of host ore at around (guestimate) 0.33% REE. That would equate to around 600,000 cubic metres of REE, but potentially over 1 million tonnes (as REE about 2.5 tonnecper cubic metrel. But of course, we need the long awaited and now imminent MRE (Maiden Resource Estimate).
5. Stallion Uranium and nearology as is $12 million AUD. Approx. in line with CXU on a pound for pound basis.
6. Brazil Nodium, REE and Lithium $10 million AUD, but nowhere near RCR and CGR to be somewhat conservative. This could really be company making stuff.
7. Total approx. $30.6 million AUD.
8. Current MC approx. $8.1 million.

Starting to look a pretty compelling story?

IMHO/DYOR