This was posted on CXU's LinkedIn page. Makes for a good valuation comparison to Boss Energy.
"As Cauldron looks to the future: Boss Energy Ltd: $1bn market cap with 71.6m pounds of uranium resource (approx $14/lb in ground).Cauldron today: 30.9m pounds of uranium resource for $6.5m market cap (approx 21 cents/lb in ground.)Both projects are ISL leachable.This provides an aspiration for where Cauldron can be as the pressure to change the WA uranium policy builds. It also helps to quantify the current cost of the WA policy."
CXU Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
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