EMC 0.00% 13.5¢ everest metals corporation ltd

future of uranium in doubt, page-2

  1. 7,814 Posts.
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    Hey GAPS - do you have the Yeelirie resource numbers that the sale was based on ?
    I see BHP only say the sale was for US$430Mill.

    If we assume that is $2.80 per lb U3O8 - and that the Yeelirrie resource is at a higher grade than USA -
    The USA resource of 41Mill lb of U3O8 could still be worth many tens of $Mills.
    The USA market cap is now only ~$12Mill.
    We shareholders could be laughing if USA were sold on even $1.50 per lb = ~$60Mill.
 
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