I don't know why everyone is bearish on it. 500 million for LH is hypothetical valuation, it would be higher than it, even if it is short by 100 million, it would not be a problem. And now look at assets which will be freed after discharge of loan, Michelin mine in Canada was valued at 300 million dollars when Edf was given 60 percent right in it for 200 million dollars after that around 100 million has been spent on drilling, then the mine on care is valued at least 300 to 400 million dollars, Summit resources in books is valued at 100 million. apart from some other few assets, and on top of that contract with Edf is valued at 200 million dollars as price of uranium contracted is around 70 dollars comparing to today's 22 dollars.
I don't know why everyone is bearish on it. 500 million for LH...
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