Deep Yellow Limited | Reptile Project, Namibia | Hybrid Model Investment Case Update: or, FCM 5-Level Valuation Analysis (Strict)

TAC15 & TAC10 are discrete proprietary price-value points at which an acquirer might consider Deep Yellow. PMCV15 & PMCV10 are proprietary price-value point models that are supplementary to Projected Book Value per Share. If there are broad discrepancies between PMCV Variants & Projected Book, it typically signals erroneous bankable data or miscalculations on the part of FCM. In the case of Deep Yellow, the numbers do not reconcile very well, which likely stems from an underestimation of CapEx and/or AISC. Needless to say, Reptile is a Project without a PEA, so many assumptions were made in an effort to complete this valuation series.

GoviEx and Fission — The Case for Outsized Returns (Idle Jottings)

There are mounting indications that the generally accepted high probability of continued losses in the uranium sector has been priced in. Which is to say, the medium- and long-term expected value for staunch bears is now negative, while the medium- and long-term expected value for long-suffering bulls is now positive, although the curia’s perceived probability of gains remains low.

The bears have been correct for a long time although the frequency of their correctness and magnitude of wins have declined, with a handful of exceptions.

GoviEx and Fission are two examples of names that may enjoy upside returns of a magnitude greater than those of peers, as shorts have been more frequently correct though concomitant returns have been somewhat diminished. This is a tell-tale sign of wanton complacency in the aforementioned names.

I want to own names like these whose returns are potentially a full order of magnitude greater than their peers as a result of outcomes that fly in the face of higher probability, albeit moderately-to-extremely priced-in, outcomes.

$GVXXF : GoviEx CEO Daniel Major responds to an inquiry regarding the impact of the ’19 Zambian Tax Proposals on the Mutanga #Uranium Project, courtesy of Rob Rice: