RE:RE:RE:RE:Cash
Yeah, but to emphasize::
At essentially $1/sh, buying FCU appears like a no brainer. The stock hasn’t been at this level since
Jan/14. The company has added potentially 40 MM lbs by our estimate, started contemplating mining scenarios, and significantly de-risked the project since then. FCU trades at an implied EV/lb of $4.16 (using our mineral inventory estimate of 80 MM lbs) vs. precedent average of $3.80/lb worldwide and >$10/lb for Athabasca deals.
Read more at https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp#1XyjYpluYs3fsJiH.99