UTO 0.00% 4.5¢ u308 limited

the company has done more work on its tenements than even I had...

  1. 473 Posts.
    the company has done more work on its tenements than even I had imagined...

    so much work has occurred ont its other tenements, which has surprised even me...

    it is ubelievable to see that Dawson Hinkler got jotted down at the back of the report...

    I spoke with the company a few weeks ago, and they indicated that they wouldn't make today as the date for JORC announcement, however, were hopeful that it would come in early May...

    They have obviously given themselves some flexibility with the timing after today's announcement...

    buying in the 80s may represent the last chance for value before this stock goes through $1.00.

    On my calculations, a 4,500T resource is worth:

    4,000T = 4,000,000kg = 8,100,000 lbs

    8.1m pounds @$US113/lb = $US915,300,000.

    @ AUD/USD = 0.84, US$915m = AUD 1.089billion

    Am i missing something here?
 
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Currently unlisted public company.

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