RE:Gold/Uranium/BazingaIf FCU proves up 150 million pounds, and we use 10 dollar / pound, then this is 1.5 billion (realstic selling price). 1.5 billion divided by 410 million shares equals around $3.66 per share, not including gold/cash in the bank.
The only reason I'm using 3.50 as realistic buyout price at the moment, is because I think FCU cannot keep drilling forever. They will be bid on soon and thus probably not get any more than 3.66 / share.