Ann: Strategic Expansion of the Stallion Uranium Project, page-34

Good point. At a quick glance it looks like they (CXU) have a market cap around $47m, with what looks like around 30 million pounds of Uranium. Cash at the end of the Dec qtr was just over $1m, but there was a CR of another $2m in Feb 24. So it looks like an EV or approx. $44m (for CXU).
Meanwhile, SUM has an MC of around $3m, with approx. $2m in cash. So our EV is approx $1m, but with 7 million pounds of Uranium. On the surface that doesn't look too bad (approx. 1 quarter of the Uranium compared to CXU, but an EV approx 44 times less). Pretty Good?
I might have missed something, as it was a quick scan.
Either way, imagine the potential if we get WA approval. Deep Yellow (for example) has around 100 million pounds of Uranium, but their MC is around $1 Billion.
Could we see a significant upgrade at Stallion as part of, or in conjunction with the upcoming MRE? Plus additional acquisitions?
IMHO and GLTAH