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re: value of 20mil pounds of uranium more to the point they will...

  1. Spozzie
    2,427 Posts.
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    22/12/06
    14:10
    Post #: 2018746
    re: value of 20mil pounds of uranium more to the point they will be producing three quarters of a pound of copper for every share that is on issue. The mining costs are USd80c per lb and say copper at USD1.80 per lb (today USD2.80) EBITDA per share is USD75c. that puts them on a EBITDA ratio of about two !!

    JojoSydney, are my calcs correct ??


    EQN Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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