WCU
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0.00% 23.5¢ white canyon uranium limited

wcu presentation

  1. whatsup
    10,654 Posts.
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    20/05/10
    08:44
    Post #: 6714574
    From the numbers given off by yesterdays company presentation, there looks to me as there is a very marginal return at present using present recovery rates, the current low market price of U,the cost of production and the cash burn that WCU is incurring until it gets any money ($8.00 net / LB)once it starts milling early in 2011.
    I know that the future for U looks reasonable up beat once the China nucular power industry starts but that is 2-3 years away.
    Any constructive thoughts out there? scf !!!
    WCU Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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