UKL uranium king limited

Awesome read MarkcoI checked it out on SSI particularly...

  1. 12,455 Posts.
    lightbulb Created with Sketch. 265
    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
 
watchlist Created with Sketch. Add UKL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.