ORP 10.3% 3.5¢ orpheus uranium limited

U would think a million ozs resource with successful scoping...

  1. 6,675 Posts.
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    U would think a million ozs resource with successful scoping study showing such GOOD numbers for such an advanced project would quickly attract a 20 mill market cap for starters in what appears to be a new upwave warming for POG?

    Proximity to Martabe must also be a bonus ?

    Am impressed by relatively low capex indicated for the planned initial 63,000 ozs pa if they can use equipment they cite. Likely cashlows from such at AUD 1000+ bucks an ounce margin coming up in 2009+ and PER 5 say would raise a few eyebrows even with a doubled share base say.

    Am in at the lows and in for the long haul on core + trading parcel MO to reduce core holding cost to nil.

    On technos, might quickly fill the small gaps to 3.0 or starters soon (???)

    IMBOOC
 
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