BLR 0.00% 0.2¢ black range minerals limited

wow the market is idiotic

  1. 4,058 Posts.
    i know the DOW is down but people are selling down a stock to the point of insanity
    when taylor range begins production it will yield 11.1 cents/share for the next 15 years assuming a uranium price of $90/lb
    they have a mine pay back of HALF A YEAR.
    for a small start up capex of $40million
    in a U.S mining state with infrastructure and a plant 30km away
    with a resource half the size of paladins
    with over $15million in cash, i.e. 2.5 cents per share.
    with underlying uranium fundamentals to remain strong
    the market is overstating the risks to be massive and the rewards to be absolutely minimal
    wow if it continues falling i will tripple up let alone double up
 
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Currently unlisted public company.

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