RE: We should be trading around 40 cents> With spot at $38.50 where do we stand based on these results? By saying it shows up in a 40-80 million market cap are you insinuating a share price estimate of $1 - $2? or what?????
Thank you for endulging the naive.
LS
40-80 million market cap is my near time target based on a $4 per lb of U3O8. With 50 mio shares fully diluted $1 is a very conservative target value, but depending on resource calculations of 10 mio lbs of U3O8.
If it's more, market cap is even more, respectively. More drilling, with equal results, will increase share price (shareholder value).
Bought in today, and plan to stay a while, no daytrading background, long on NUC since decemer,BTW.
cheers