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Laramide Resources Ltd T.LAM

Alternate Symbol(s):  LMRXF

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

Post by andre171on Dec 21, 2023 8:21am
67 Views
Post# 35795340

Non-Executive Chair John G Booth

Non-Executive Chair John G Boothhttps://www.finnewsnetwork.com.au/archives/finance_news_network447901.html?utm_medium=rss

Very interesting. I especially note that PEA should be published in the next few weeks for Church Roch. For Westmoreland, based on the current U3O8 price, the NPV should rise from US$400M to +- US$675M without taking into account the increase in certain costs due to inflation. Nevertheless, this is still a lot compared with the current capitalization of US$109M, when we also include all the other assets, especially Church Roch.
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