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Laramide Resources Ltd T.LAM

Alternate Symbol(s):  LMRXF

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Tier-1 uranium Jurisdictions of Australia, United States and Kazakhstan. The Company’s portfolio comprises predominantly advanced uranium projects. In Australia, its 100% owned Westmoreland Uranium project is located in northwest Queensland and covers over 548.5 square kilometers (km2). Its tenements are contiguous and are located as a group approximately 400 km north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along the strike from its Westmoreland Project in northwest Queensland. In the United States, its assets include the Crownpoint-Churchrock Uranium Project, La Jara Mesa project in the Grants mining district of New Mexico, and an underground project, called La Sal, in Lisbon Valley, Utah. In Kazakhstan, the Company is exploring over 6,000km2 of the prolific Chu-Sarysu Basin.


TSX:LAM - Post by User

Post by andre171on Dec 21, 2023 8:21am
88 Views
Post# 35795340

Non-Executive Chair John G Booth

Non-Executive Chair John G Boothhttps://www.finnewsnetwork.com.au/archives/finance_news_network447901.html?utm_medium=rss

Very interesting. I especially note that PEA should be published in the next few weeks for Church Roch. For Westmoreland, based on the current U3O8 price, the NPV should rise from US$400M to +- US$675M without taking into account the increase in certain costs due to inflation. Nevertheless, this is still a lot compared with the current capitalization of US$109M, when we also include all the other assets, especially Church Roch.
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