OTCQB:UEXCF - Post by User
Comment by
invest4funon Jun 13, 2022 2:57pm
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Post# 34752891
RE:UEX is bringing a lot more uranium to the table
RE:UEX is bringing a lot more uranium to the tablemangoe wrote: UEX is bringing approx 150 million lbs of uranium, UEC maybe approx 70 million lbs of uranium, plus UEX mining interest in various properties
That 0.0831 of every UEX share for a UEC share is too low, it should be much close to a 1 for 1 deal, even with UEC trading over $3+ a share, which is much higher than Denison & Fission.
The big thing with UEC is there ready access to production and cash flow... they will likely be able to take advantage of the price rise in this cycle from their ISR projects in the US. UEX is still a decade away from production on their hard rock projects. This is the clincher.