What will a million barrels of yellowcake be worth per share at the expected date after production? Just got into the stock for a long hold. Thanks, Jon
if i remember right, URG stated they can pull a pound out of the ground for 24 dollars and tthe spot price is currently around 47 dollars per pound.
100 percent markup is Nice. Not to mention other property developments or an increase in production, or a lift of the long term ban, or a favorable change in the spot price. I am very bullish for the long term.
Sentiment: Strong Buy