GREY:PLUUF - Post by User
Comment by
Wever1974on Feb 08, 2018 10:32am
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Post# 27526213
RE:RE:RE:Valuations
RE:RE:RE:Valuations Look at the market cap of a few more advance viable lithium
plays . Plu obviously is early stage but a monster high
grade , low cap x resource. If the resource proves up to
be what is anticipated it will be one of the largest lithium
players globally . The extraction cost is many multiples
less that of hard rock with out any unforeseen issues
the brine players run into (water) .
The Uranium resource should be 350-400 mil lbs
half of which is a higher grade. Again very low
cap x. Almost all Cap x costs for the lithium is accounted
for already in the U308 . With both metals looking
to be I serious deficit by 2020.
Upside here is 20x easily over next few years.
I honestly see this 5x by years end ifvthe drill and
revised PEA prove up. Still only puts it at a
$225 US mil MC. Currently Millennial lithium
$235 MC. with a smaller , much lower grade
resource . Both plays are still wide open !
The shear size PLU leaves further exploration
wide open in almost all directions . Truly district scald
and they control all of it .
Stock has a long long way to go !!!!
Be patient. Rewarded yearly by several
multiples .