Though we have chosen to make our Uranium Book public, we’ve elected to make the contents of the rebalanced NICF Gold, Silver, Platinum, and Agriculture Books private: https://blog.fahy.co/metals-book/
Cost to Acquire = $0.32/lb.
Cost to Build = $4.76/lb.
OpEx (LoM) = $36.43/lb.
Total Acquisition Cost = ~$43/lb.
Price Tag (10% in-situ P&P Reserves) =
U.S. $382,200,000 ($2.36/sh.)
Wherein an A+ implies the very deepest of present value in terms of Value of Resources by Fully-Diluted Market Cap.
Beware the Deep Value Trap
Just because it has a good letter grade doesn’t mean it isn’t a deep value trap. It’s up to you to find out why lbs. of this or ozs. of that are on sale. After all, some of the cheapest uranium lbs. by market cap available could prove the most expensive you ever buy.
Learn more about the Deep Value Grading System: https://blog.fahy.co/dvg/
@ $65/lb. U308 = $10.01
@ $28/lb. U308 = $4.31
Texas Mineral Resources presently trades at a mere 4.6% of intrinsic value ($4.31) at today’s spot uranium prices, cementing it in the pantheon of U.S. development-stage companies as among the most grossly undervalued.