Plateau Energy Metals Inc. PLUUF

Valuations

[Austrian007]

This should be one of the cheapest stocks in terms of valuations...

When they start production in 2020-21, their ebidta even at reasonable prices of uranium and lithium should be 2 times the current M.Cap... ofcourse some dilution will happen in between, but my guess is that the share price will atleast triple or quadruple when they come out with a new PEA.

5Mlbs each of Uranium and Lithium is reasonable to start with ... and at ebidta margins of $10/lb which also seems fair at this point, gives them an ebidta of $100 m..

Just question of PEA, clearances and time and this stock should zoom.

[Wever1974]

 Once the Uranium market turns up for real  this is easily a plus $20 stock . Dilution will  be minimal if you know the history of the team  behind this . By 2020 both u308 and Li   will be in crisis. Upside is mind blowing .  A story running under the radar. Current MC is ridiculous .

[Austrian007]

That's a big jump... why so? The PEA of PLU is based on $50/lb and we may not get there easily... we might, but we may not as well. There are a number of projects that will be turned on between 40-45 such as energy Fuels that will ramp up production from 1Mlb/annum to 6 or even 8Mlb/year at 45... However because of the associated Lithium if Plateau becomes profitable at 30 (which is still

[Wever1974]

 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) .&

[tankumo]

Agree!!!!!!!!!

[Austrian007]

that helps... When do you think we will get the next RE and perhaps why do a PEA at $50 when they wil be profitable at a much lower price. Anyway, I do hope it turns out to be true.. Cheers,