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Ann: Stunning High Grade Uranium Soil Results at Portland Creek, page-222

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Frogkey

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09/07/24

08:19

Post #: 74664494
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Originally posted by HairyPlum: ↑

Uranium (U3O8) Assay Results Categories:

Bad: < 100 ppm U3O8: Such results indicate very low-grade mineralization, often considered uneconomic to pursue further.Typical Market Cap: Companies reporting mostly in this range might have very low market caps, often less than AUD $10 million. They are usually in early exploration stages or have projects that are not currently viable.

Okay: 100 - 500 ppm U3O8: These results suggest low-grade mineralization. While not particularly attractive, they may warrant further investigation.Typical Market Cap: Companies with these grades might have market caps ranging from AUD $10 million to AUD $50 million. These companies might have additional promising geological signs that warrant further exploration.

Good: 500 - 2,000 ppm U3O8: These grades are considered good and indicate the presence of economically viable mineralization.Typical Market Cap: Companies with significant portions of their assays in this range might have market caps ranging from AUD $50 million to AUD $200 million. These companies are often in the advanced exploration stage and are seen as having viable projects.
Amazing:
> 2,000 ppm U3O8: Assays in this range are exceptional and signify high-grade uranium deposits.

Typical Market Cap: Companies with such high-grade results can have market caps exceeding AUD $200 million. Established producers or advanced stage explorers in this category, such as Boss Energy or Paladin Energy, can have market caps ranging from several hundred million to over a billion dollars .Example Companies and Their Market CapsBad to

Okay Range: Smaller exploratory companies with low-grade results often have market caps below AUD $10 million to AUD $50 million. Specific names might include junior explorers not widely reported in major industry news.

Good Range: Deep Yellow (ASX: DYL): Market cap around AUD $500 million. This company has several projects with good grades and substantial resource estimates.Peninsula Energy (ASX: PEN): Market cap around AUD $100 million. The company is advancing its Lance Projects with good grade uranium results.

Amazing Range:Boss Energy (ASX: BOE): Market cap around AUD $1.68 billion. The Honeymoon Project has high-grade zones and is nearing production .Paladin Energy (ASX: PDN): Market cap around AUD $3.74 billion. Known for high-grade deposits like the Langer Heinrich mine.

Based on current results, Infini Resources could achieve a market cap in the range of AUD $100 million to AUD $500 million. With pending results potentially confirming even higher grades, this valuation could rise, positioning Infini among the higher-valued uranium explorers and developers on the ASX. This potential is contingent upon continued positive assay results, successful resource expansion, and favorable market conditions.

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Thanks;
I’m getting AUD$335M MC for PEN, not close to $100M

I88 Price at posting: 49.0¢ Sentiment: Buy Disclosure: Held
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Ann: Stunning High Grade Uranium Soil Results at Portland Creek, page-222

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

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Ann: Stunning High Grade Uranium Soil Results at Portland Creek, page-222

Top Stories

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

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Buxton projects new graphite province discovery at WA Narryer play

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Buyers (Bids)

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