Looking at DYL as market cap guide they are still considered an explorer on the cusp of going into production. They and a whole host of TSX listed uranium explorers are sitting at a ~$60M market cap AUD or CAD, and even they are considered undervalued.
DYL is 0.25 and bloomberg has a 0.45 "target" $108M market cap. Their mine is a potential tier-1 asset. With $14M designated for aquisition.
So the likes of AGE, EPM, GTR are undervalued more like 5 bagger than a Disallowed for AGE and EPM. Need the U308 price to hit the spike hard, this only happens if demand hits 95%+ threshold on global output.
i don't think AGE or EPM are potential targets anymore as they are already running. Need strong hands to hold these.
Alligator Energy the Next ERA? Uranium play, page-235
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