Does anyone have a theory as to why CTS was able to acquire 20% of their Peru project the other month for just US$85,000. This implies a value of just US$425,000 for the whole project.
Yet the market appears to be valuing the project at 40-50 times this amount.
The people selling must surely have a good idea as to what it's worth, and the chances of getting the project in to production.
Compare this with the US$15,000,000 WHE had to pay for its Bison Basin project.
Surely this is a huge red flag.
- Forums
- ASX - By Stock
- CTS
- a hard question
CTS
contact uranium limited
a hard question
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online