This is also from cunningham with a $3.33 conservative target...note its valuation will be upgraded if/when GGG announces a resource upgrade next week
GGG are sitting on 223m lbs of U @ 302ppm, a resource that makes what some companies have, like the one time market darling BMN look anaemic.
And this if approval is given will be mined as a BY-PRODUCT to the REE and NaF
Cunnungham Securities have estimated a conservative share value of $3.33 per share and this is based on the resource established from the 2007 drilling program. There should be a significant upgrade to this resource from the 2008 program, considering more meters were drilled this year and the existing resource is open in all directions
27c valued at 234c before upgrade next friday?, page-2
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