Has anyone given any thought to how Thunderbox might compare with the Ranger Uranium Mine (ERA)?
ERA has a market capitalisation of over A$4 billion. THX has a market capitalisation of around A$100 million. Allowing for a factor 10 for mine establishment risk, resource size risk etc then is the value of THX only a quarter of what it should be? i.e. is THX set to reach a share price of $2 within the next few weeks?
With uranium grades of 10% encountered, do the drillers need to wear lead underpants?
thx comparison to the ranger uranium mine -era
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