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Uranium Resources, Inc. (URRE) Message Board

  • vpg999 vpg999 Dec 1, 2010 9:29 AM Flag

    URRE MATH - STOCK WORTH $10

    101mm lbs UR x $65 / lb. (forward price 2013) - 101mm lbs UR x $42 (cost to mine/produce) divided by 93MM shares and then cut in 1/2 to reflect anticipated JV with Cameco and dilution for financing = $10 stock, fair value **TODAY**

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    • Now just imagine when nuclear power starts getting more attention, what's that going to do to the price of uranium? Remember 2007 when it hit $135.00 pound. That was at a fraction of the material needed then. So, with nuclear plants either opening or being constructed today that's a sure sign spot prices will drift up comfortably to maybe the $ 100.00 a pound range in the next year or so. All speculation but favorable in my opinion!!

 
URRE
3.03+0.08(+2.54%)Aug 28 4:00 PMEDT

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