GREY:UEXCF - Post by User
Post by
MegaMAxTZon Aug 16, 2017 12:39pm
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Post# 26588033
UEX Current Valuation
UEX Current ValuationInteresting to look back at February 2011 and the s/p was trading around $ 2.40. With a float of about 230,000,000 shares give or take. Uranium prices were much higher than now of course and if the Tsunami had not hit, Japan would be fully engaged with all Nuclear plants running and eating yellowcake. Gave UES a valuation around $ 0.60 B.......
Today we have about 320,000,000 and at $ 0.20 we have $ 64 M. When Uranium prices rise to at least $ 60/LB or more in about 2 years or less, theoretically this equates to about $ 1.88 per share give or take. And that is without the hype when everyone is jumping into this " ugly " but necessary sector.
I predict we could see easily more than $ 5.00 per share for a period of time between now and September of 2022. And if things get ugly and a catalyst hits like Russia, we could see $ 10 I believe. JMHOOC. Or am I wrong.
So do not tell all your friends yet about this coming frenzy. And actually a question - anybody here really tell relatives/friends coworkers etc. about this sector or is it a kept secret ????............