Matchbox.
Probably best to give a value in-situ. Just on the V205 content(1.6 billion pounds) the current share price represents around .1% in-situ with the present market cap(around $20 mil). Add to this Fe (47m/t) and Tio2(18 billion pounds) and by anyones measure the share price is way undervalued. This equates to around $20 billion for the V205 alone in-situ. In fact if you were to add the Fe and Tio2 credits YRR represents around .05% of the in-situ value. To date management have deemed it prudent to fork out 130 million YRR shares for prospective uranium tenements. If, as some are suggesting, there is a doubling of the resource, it makes the uranium ground look very expensive. And I believe its these sort of transactions by management that have made investors wary and its having a long term negative effect on the share price. Its been stated before on this thread that around 1% of the in-situ value should represent the share price which is 10 times the current share price. Then you would need to value the other tenements.
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Matchbox.Probably best to give a value in-situ. Just on the V205...
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Mkt cap ! $137.8M |
Open | High | Low | Value | Volume |
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52 | 21009026 | 0.015 |
38 | 11925243 | 0.014 |
27 | 9743464 | 0.013 |
14 | 5245717 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
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0.018 | 9126037 | 21 |
0.019 | 3919837 | 11 |
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