URL 0.00% 13.5¢ universal resources limited

undervalued, page-5

  1. 1,061 Posts.
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    Okay so adjusting to todays price, they have 245million shares at 13c each makes $32million, less $15.9million in cash equates to being valued at just under $16million.
    Add a plant that was going to cost between $100-150million, numerous mines with considerable drilling already carried out, Kylyati nearing second dfs and Roseby now showing signs of being a monster. All in safe contries and all containing copper/gold, which show the strongest demand.
    If think I can safely say all this for $16million, is fairly undervalued.
 
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Currently unlisted public company.

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