All uranium stocks unless in production are very difficult to price for the sheer fact that market sentiment gets also priced in at various times.
Currently, it appears that U is not quite in season, but yet the price of U will climb again, thus so does the sentiment.
Overall, I would agree with any price you put, but if you said $1.60 that would be fine, but then once the market sentiment is there, we then would put $2.60 on it again and then more accordingly to what is given to market via annoucements etc etc.
How does that sound? ;)
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