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Thoughts on THR uranium tenements that they are acquiring ?

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DylzGc

1,272 Posts.

73

07/11/21

01:55

Post #: 57374085
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Originally posted by 8horse: ↑

For those interested in uranium juniors:

BMN, market cap $400m (including cash $9m), has JORC resource 207 Mlbs @ 220ppm.

ACB, market cap $168m (including cash $6m), has JORC resource 365 Mlbs @ 202ppm.

Valuation per JORC resource (lb):
BMN: $1.88 per pound
ACB: 44c per pound

BMN and ACB, both projects are in Africa, similar level Opex, BMN PFS's capex is lower, and slightly lower Opex.

ACB, top 20 hold 85%. Macquarie has been buying on market, at 12c - 14c. Macquarie holds 13% of the total issued shares.

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Thoughts on THR uranium tenements that they are acquiring ?
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0 Great analysis

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