what is mro worth?, page-2

Not getting much help on this stock at the moment. It will come.

I do like your view of the market having no stock respect post announcement mraj. Seems pretty widespread and worse when the the bears get the upper hand for a run.

I used the THX post on the front of HC to work out a rough value for JORC Uranium. Looks like we have a bit of jem here.

11.4M lbs which is calculated on just 7% of the land holding (seems like plenty of room for upside here). Drilling in Q1 2010.

1 lbs of U308 = $46.50 USD or $51.90 AUD

11.4Mlbs = USD$530.1m or AUD$591.7m

I don't know how much it costs to mine this stuff but $590m sales for a 11mil market cap...rest easy holders we'll have our run at some point.