I hold ERA,but you aren't going to see $20, or even $10 by year end.
The deeps have an estimated 34,000 tonnes of uranium, at $50 a pound, it comes to a total of3.74 billion in sales.
Divide this by the 560 million shares issued, and you end up with $6.67 total sales per share. Profit will be much lower than this.
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I hold ERA,but you aren't going to see $20, or even $10 by year...
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