Awesome read Markco
I checked it out on SS
I particularly liked:
"We are continuing to learn about UKL, but each time we sit down with the Company we have been more impressed. With a market capitalisation in the order of $70-$75m, UKL has significantly more substance, and value, than many heavily promoted exploration companies. We will be upgrading it to a potential producer when we release our next uranium sector study."
Also:
"A rule of thumb might suggest that the shares should be selling on a multiple that equates to the estimated mine life e.g. with a cash flow estimate of 53¢ a share, the share price should be about $1.50 on Apex alone."
cheers
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