u308, page-2

Im in on this one.

Just a little market capital evaluation. I know these figures aren't 100% correct so feel free to comment.

Summit $239 million
Extract $84 million
Toro $74 million
Redport $66 million
Nova $28 million
Acclaim $26 million
Valhalla $26 million
Jundalee $21 million
Scimitars $11 million

U3O8 will have 65 million shares on issue with another 2.5 million given to directors, total 68.10 million.
This would give a market capital of $13.62 million. Which to me seems undervalued in the current market.
Im expecting to see a price of 0.40 cents on float of U308, maybe with a run up to 0.50 cents on excitment. But who knows.

Please place you opinons.

Cheers

nUmbaz