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Stayhere,Just a response to you well resurched thread.you...

  1. 307 Posts.
    Stayhere,Just a response to you well resurched thread.
    you said
    ,"ACB is a cheap stock, but not as cheap as some people thought, ACB has 61mb primary uranium in his 98mb (62%) resource is likely not economic, because its recovery rate is only 36% and is deep, that’s why his scoping study showing his mining life is 7 year at 2.2mb/year rate when uranium price is US$55/1b, and 11year at 2.2mb/year rate when uranium price is US$80/1b. IMO, people talking about how cheap his EV/1b doesn’t make any sense."
    MY sugestion that your info is misleading is correct,what you have just posted in response are things we already know but what you posted about ACB was MISSLEADING..no need to get upset just say i made a mistake and am glad i now have resurched more throughly.Stormboy1.
    What would i know as i dont hold.!!!!
    People see the importance of DYOR
 
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