Those 2 arent in production so will be making losses of course....

Those 2 arent in production so will be making losses of course. Neither is BOE, but look at its ridiculous Mcap. Uranium is worth trading though, its possible the pound price could go to 150 given the mad spikes we've seen in other commodities and the current claimed undersupply .

As for calculating valuations, doesnt seem to be any point as the market doesnt care. I remember when SEK had a PE of 130 in 2021, and it weathered a Short Report as well which I though had merit.

My reading of the data says the situation is relatively bleak in the US, UK, and Germany, and getting worse. We have more wars breaking out, and yet the major indexes sit around ATHs. NDX up 3%+ last 2 sessions because of MSFT & NVDA. Clearly this tech bubble/melt up has some legs to go before the SHTF..