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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by knowsnothing613on Oct 22, 2010 10:21am
326 Views
Post# 17597755

RE: RE: RE: RE: RE: Uranium Play,

RE: RE: RE: RE: RE: Uranium Play,thanks for this info. I appreciate it.

I looked @ the expected NAV@8% for the mine [1] was 586M.

fully diluted (if the debentures are converted) ~300M shares *.85= 255M market cap


[1] https://www.firsturanium.com/sjfu/action/media/downloadFile?media_fileid=1461


I don't know how to calculate the NAV@8% for the Mine Waste Solution

https://www.firsturanium.com/sjfu/action/media/downloadFile?media_fileid=1458


So the NAV@8% = 586M + (MWS's NAV).

So @ .80-.90, it's fairly priced, given the risk. I'm going to wait until after the financial statement comes out in November to get back in.

see you guys the
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