RE: RE: RE: TNR + Los Azules = what exactly?Hi nopoo,
Welcome to the board, appreciate your insight about Rodinia!
M&I resource is great, I do follow Hathor and uranium is certainly in favor now - Rodinia's certainly undervalued given its 5 million lbs U3O8 thanks for bringing that to my attention!
uraniums' around $45/lb
M&I resource of 5 million lbs = $225 million (before NPV adjustment)? Fair?
Is there an engineering report / prelimenary assessment like Los Azules - (example $0.85/lb copper cost - copper's at $2/lb) for the project? Rodinia seems to be a good story - not overly promotional which is an instant turnoff for me.
25% of Los Azules in TNR dollars comes to be about $100 million = that already translates to easily $1/share. not even factoring in worth of Alaska, Argentina gold/copper (Salto/Tapau), and the new lithium properties.
Rodinia seems to be a solid group - it's quite a feat getting to M&I resource at such a low level of outstnading shares- would love to hear your thoughts on TNR seeing as you're a pretty rational investor.
-r0d