klob 25, I hope you will be at our $2 party, but I would not put...

klob 25,

I hope you will be at our $2 party, but I would not put on your dinner suit quite yet. You do realise I suppose that priced at $2 THR would have a market cap of only $460 million fully diluted for options.

This could be represented by only 1.5 million tonnes of 0.5 % U3O8 , valued {pv of cash flow discounted at 12%]in the ground at $300 per tonne. My choice of ore grade is a guessed at average of the very rich U3O8 ore lenses which we know run anywhere between 1% an 19% U3O8 and the lower grade ores in between. All of which I have personally sampled at the surface.Good luck, Conix