GREY:BHNGF - Post by User
Comment by
CalifDreamingon Oct 15, 2007 5:29am
453 Views
Post# 13570612
RE: Ur stocks - why is GEM so cheap?
RE: Ur stocks - why is GEM so cheap?Cheap? You gotta be kidding. Base case in the Scoping Study uses $95 lb U. Utterly ridiculous base case price. Even then it only has a 13% IRR and $41MM NPV. That's a sorry joke.
Run the numbers using some reasonable prices and IRR would be negative.