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Mason07

07/14/20 9:20 AM

#23339 RE: Bruce the Stock Guy #23336

I would say there is a buyer or buyers already in place. :-)
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LBSR TO DA MOON

07/14/20 9:27 AM

#23341 RE: Bruce the Stock Guy #23336

NAK's 100% interest in PLP was valued at $3B when Anglo American JV'ed with NAK years ago. I have to believe that with a positive ROD (regardless of whether or not if the decision is Permit or Permit with Restrictions) and the "Magna Carta" permit in NAK's hand (which is the major "de-risking" event)...and with the continued increase we are seeing in metal prices...NAK's 100% interest in PLP should be valued at no less than $6B (or the equivalent of close to $11 per share). Can't wait to see how things begin to play out over the next couple of months...