roscopktrain
It's been pointed out before that those posters didn't use any kind of DCF model, and assumed resources of 300m lbs plus. Based on the report today (which assumes 200m lbs), the $13-19 valuations imply that anywhere from 400-600 lbs of uranium will be discovered. Possible, but jumping way ahead of what the evidence today suggests. Right now, it's rational to think of the resource falling somewhere between 150 - 320m lbs with upgrades possible but not a certainty.
Z
roscopktrainIt's been pointed out before that those posters...
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