Anatolia appears to be very undervalued. The PEA states a NPV...

Anatolia appears to be very undervalued. The PEA states a NPV value of 179million versus the current market cap 8+million. Uranium is still not moving up in spot price but utilities will eventually have to secure supplies for their new and existing powerplants. Russian supplies have been making up the shortfall in production for many years but that may come to an end in 12/13. I still believe if the spot price goes high enough, that the Russians will sell into the market but with the third world building dozens of new reactors, supplies could get tight.

This appears to be a viable project with low capex to get into production and Turkey definitely needs some internal production for their upcoming nuclear power plants.

Due to the low trading volume, I bought a limited position but there could be big upside if the market for U308 starts heating up.