URA 5.56% 1.7¢ uran limited

ModsHere is my justification for my last post.AGS is worth about...

  1. SP3
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    Mods

    Here is my justification for my last post.

    AGS is worth about $350M and have about 3.5K tonnes of U (rserves). Based on the limited information Uran has given us re the 2 Ukraine deposits, Uran is initially targeting about 5K tonnes. Hence based on this simplified model, Uran's MC should be around $600M once the deposits are JORC certified.

    In regards to the Novok deposit, it is alleged that there is more than 100K tonnes of u in the ground. Should Uran gain a 30% interest (my estimate) then Uran should have at least 30K tonnes of U from this deposit. Based on the previous model I used above, that should equate to about 10 times AGS's current MC.

    Ofcourse all this is speculation.
 
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