Laramide Resources Ltd T.LAM

Alternate Symbol(s): LMRXF

Energy

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Australia and the western United States. Its portfolio comprises of five uranium projects, namely Crownpoint-Churchrock Uranium Project, La Jara Mesa Uranium Project, La Sal Uranium Project, Westmoreland Uranium Project, and Murphy Uranium Project. The Crownpoint-Churchrock Uranium Project consists of two uranium deposits, Crownpoint and Church Rock. The Project consists of all or portions of eight sections of land totaling approximately 4,680 acres. The La Sal Project is a sandstone-hosted roll front uranium deposit and is located in close proximity to Energy Fuels' White Mesa Mill in Blanding, Utah. The Westmoreland Project is located approximately 400 kilometers north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along strike from Laramide's Westmoreland Project in northwest Queensland.

TSX:LAM - Post by User

Laramide Resources Ltd > DYK?

<< Previous

Bullboard Posts

Next >>

Post by rarb123on Jun 17, 2020 7:03am

335 Views

Post# 31158891

DYK?

Did you know, last uranium Bull market, at its peak, in April 2007 Laramide resources traded at over $15 per share and had a 850M CAD M/C?

Current estimated fair value $1.05 per share
350% Upside fomr here just to fair value
AISC $20 with a low cost high quality ISR that can be ready inside a year
Shares out only 165m
USD EV/$lb 0.30c
Phase 1 production CAPEX $30M for first million lbs ramping up to 3M lbs per annum
The ability to sell produced U lbs directly to US Trump administration for Uranium reserve
There is lots to like here, I think that if share price ascends to fair value you will see institutation's taking positions

JMO FWIW DYODD