Post by
newbie2099 on Nov 08, 2021 6:14pm
uwe.h uranium stock up 18% with low market cap
this stock only have 15 million market cap!!! very low market cap
this uranium stock has 21 million pound of uranium. Exploration shows 70-75Mlb uranium potential. They have cash!!! U3O8 Corp. has further upside exposure to the uranium market in that if, within 10 years of the date of the Option Agreement, the spot price of uranium reaches US$50 per pound (“/lb”), CUR would make a payment of C$505,000. If the spot price were to reach US$75/lb, CUR would pay U3O8 Corp. C$758,000 and on reaching US$100/lb, U3O8 Corp. would receive C$1,010,000.