Its all simple maths.
WCU's first pay cheque in December for its 40,000 ton of ore going .291% yellowcake will be approx. $17 million.
Their income next year will be in the order of $20 million. On a reasonable P/E of 7 WCU share price should be around 70 cents +.
At current prices WCU is a steal. When people wake up WCU will be neuclear powered.
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