Replies to post #51435 on Liberty Star Uranium and Metals Corp (LBSR)

[ontherise]

Thats very impressive but unfortunatley this is not NAK, this is lbsr and they have competant management, we do not....imho

[king yukon]

GOLLEY, i DO WONDER WHY! YEAH RIGHT, IS IT BECAUSE THE PEBBLE IS SO BIG?

[Lojiko]

In fact, while you're at it, why don't you look at NAK also because it's never been lower than $1.81 in the last 5 years!

Zenfolio hit the nail on the head when comparing NAK and LBSR - you can't make a comparison without comparing our respective O/S to theirs.

If LBSR indeed has 5x Pebble's resource base, accounting for our O/S ...

LBSR O/S: 601M
NAK O/S: 94M

94M / 601M = 0.16 * $1.69B (current NAK market cap) = $270M * 5 = $1.4B

$270M / 601M = $0.45/sh
$1.4B / 601M = $2.25/sh

So if LBSR has deposits comparable to one Pebble, we could expect a pps of $0.45/sh given NAK's current market cap our our O/S. If we have 5 or more Pebbles, we could expect a pps of $2.25/sh or more.