EXT excite technology services ltd

valuation rule of thumb, page-21

  1. 798 Posts.
    lightbulb Created with Sketch. 126
    A quick internet search found this, which seems to back up the 236 Mlbs total (and has some interesting things to say about Areva, too):

    http://www.areva.com/servlet/BlobProvider?blobcol=urluploadedfile&blobheader=application%2Fpdf&blobkey=id&blobtable=Downloads&blobwhere=1177488965034&filename=AREVA-UraMin+061507%2C0.pdf

    Notice that in this presentation the NI 43-101 (ie, JORC) resource is only 157 Mlbs, with 82 Mlbs labelled "historical". I think this means that the other resource estimates predate the NI 43-101 and JORC standards, so they may not necessarily be estimates with the same "rigour" as the NI 43-101 & JORC codes.

    Nonetheless, for simplicity of comparison the 236 Mlbs seems to be the right figure to use.
 
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