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Plateau Energy Metals Inc. PLUUF

Plateau Energy Metals Inc is an exploration stage company. The company is in the process of acquisition, and exploration, and evaluation of mineral properties in Peru. It is principally engaged in the exploration for uranium on its properties located in the Macusani plateau region of southeastern Peru and the Falchani lithium project.


GREY:PLUUF - Post by User

Comment by KingKyleon Aug 18, 2018 9:46am
109 Views
Post# 28481890

RE:Crazy tin foil hat theory

RE:Crazy tin foil hat theoryIt’s not bad to speculate and even dream...should takeover occur what is PLU’s value. For peer comparison, LIX bought out for $2.6M with 2.0M Ton of LiCo deposit...that’s about 130x multiple to deposit. PLU had drilled 20% of area and accounted 2.5M Tons deposit which could then bring total size to 8-10M Ton. You are looking at $1-1.3B of deposit value at same multiple. Equate to $14 to 18/share. One can discount or add premium based on brine vs hard rock metallurgy.  

$10 will not be too bad if we can even dream!
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