MEU 2.22% 4.6¢ marmota limited

Ann: Drilling Update Junction Dam , page-3

  1. 2,127 Posts.
    lightbulb Created with Sketch. 3
    i posted number of month ago valuation of brocker on Honeymoon. It was about AUD100mln prices were at $60per LB.( from memmory) it is on Uranium one website.



    As all LT holders can see we are sitting on substantial deposit and grades should be over 400ppm.


    It is only the beginning.


    Our cost is similar to Honeymoon below $20 per LB so valuation could be many many folds on honeymoon;


    Let's wait for U price to firm in the next 3-5 months while we keep drilling

    adds confidence does not it?
 
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