GREY:ESOFD - Post by User
Comment by
ppprecieson Jun 07, 2013 6:09pm
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Post# 21499510
RE: AMW vs FCU
RE: AMW vs FCU Valuation
A comparative valuation table of the two JV partners is shown below in Figure 2. It appears that Alpha Minerals trades at a 14-26% discount to Fission Energy depending upon whether or not you look at the companies on a fully diluted or basic basis. Each company has "other" assets (exploration properties) outside of Patterson Lake. Both sets of assets are good, and debating potential valuation differences based on the perceived prospectivity of land with no comparative valuation metric is a pointless exercise.
https://seekingalpha.com/article/1485021-a-primer-on-uranium-revisited-the-patterson-lake-project-has-come-a-long-way?source=google_news