I'm calling 'bullshit' on only reaching an $80...

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Chopsthecat

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06/02/21

16:00

Post #: 50763511
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Originally posted by Zhc003: ↑

Adding to the dizziness. This is the U308 forecast (posted by John Quakes on Twitter).

This is what I was previously meaning with the absurdity of holding this stock; we'll get a re-rate, and you will be tempted to sell - but there are still uranium (supply) squeeze, to look forward too.

So Ngalia, and Devil's Elbow - hopefully a nice High Grade Uranium ore ~2%. (surface uranium assays were 3.2% U3O8, 3.7% U3O8, 4.40% U3O8 and 5.8% U3O8".

Also nice to have ETF mandates supporting the stock....

Once a JORC is achieved (REE (+Strategic element)) , Uranium, Manganese)) - we get a boost from:
REE ETF mandate >50% revenue from Rare/Critical metals
Uranium (judging by GGG - they only have it as by-product, and this included on the ETF). >100M USD MC.
Battery Metals ETF >250M USD MC.

To give you an idea - BMN (Bannerman) achieved inclusion in various Uranium ETF. (basically achieve a 3x (4 cents to 12 cents), since Nov). We are a quiet achiever without this type of support; but interesting to see how and why they are receiving the share price support.

HPQ Quartz is considered a Strategic Materials (unsure if this will trigger the various REE ETF mandates - so we could be banking on trace REE).

This "thesis" means if we end up with see a re-rate by HPQ Quartz, we could end up riding higher than all expectations, with a delayed secondary boost from periodic (emotionless, dumb-in- nature) ETF buying. Then each subsequent JORC (Uranium, Manganese) - will give us a free boost.

So here's hoping we realize the true value of our assets with a much higher share price - so impact of dilution is reduced from capital raising (drilling) and achieving milestone payments.

DYOR - have a read of the ETF "investment strategies" for yourself.

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I'm calling 'bullshit' on only reaching an $80 spot price for uranium and not punching above the 1997 hay day.

Look at lumber for crying out loud lol

EPM Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $11.26M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$5.785K	1.105M

Buyers (Bids)

No.	Vol.	Price($)
5	2499999	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	3041227	5

View Market Depth

No.	Vol.	Price($)
5	2499999	0.005
14	6293098	0.004
3	3000000	0.003
7	7439759	0.002
3	6506418	0.001

Price($)	Vol.	No.
0.006	3041227	5
0.007	3180169	8
0.008	3142857	4
0.009	100000	1
0.010	599800	4

Last trade - 16.10pm 12/11/2024 (20 minute delay)

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