Replies to post #22127 on Liberty Star Uranium and Metals Corp (LBSR)

[chart guy]

There is no NI 43-101 proving the resource value in AZ.

In any case, if Big Chunk is the bigger project then the value associated with AZ should not exceed it.

The transaction for Big Chunk however was real, and can be used as a metric to value the Alaska property. Since LBSR is nowhere near production, you cannot associate a value for the company based on eventual earnings or cash flow as they will require many years and much more additional capital to realize. The current balance sheet does not support production capabilities even with the 60/40 split from the optioning agreement