Laramide Resources Ltd T.LAM

DYK?

[rarb123]

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

[toorisky29]

Yes I knew that.. it was a sleeping monster.. but do not know what it would take for this to come back super strong like that.

[rarb123]

https://twitter.com/ABongo888/status/1273600813819203585

[toorisky29]

We are talking about 15 dollars an this is 0.25 cents 

[MightyMorf]

.24 as of this moment.   Just waiting for the Kazakhs to start buying on spot market for their need to fulfill their contracts.   U spot should rise then.

[toorisky29]

I think end of July it will pick up 

[MightyMorf]

I’m more inclined to believe we see some buying on spot throughout July & August as I’m sure deliveries will have to be made in the fall months for utilities contracts.

[toorisky29]

Just might be a great acsension all the way to a few dollars.. @1.05 people will come buying in.. this can become 5-10 dollar