The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
TLH: Value Realization in Discovery
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Morning Notes (04/28/2011)
"I just finished an extensive due diligence program on Talison at its Greenbushes [and] am convinced this company is not a traditional junior exploration company but a rapidly developing Legacy resource company comparable to a major resource producer, Goldcorp. It's clear that Talison is rapidly developing into a significant cash-flow machine. With the world's highest-grade lithium deposit in production and its largest lithium concentrate production, TLH is a veritable cash-flow machine. Talison's market cap is $444M today, while that of Lithium Exploration Group is ~$350M and Talison is in production and generating profits and cash flows, while LEG is not. So what's up? Never confuse value with price and never assume the market is so efficient that it will adjust prices to value instantaneously—that's a falsehood. . .sometimes prices remain at significant discounts to value for a very long time. That, I think, is the case with Talison. With no disrespect to LEG, we think TLH is worth a significantly higher valuation than its trading range today and believe the market, in the future, will sort out these value-price disparities. Talison has the potential for significant double-digit pricing." |
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More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
"NXE is our top pick across all commodities." (12/22/15) NexGen Energy Ltd. - The Energy Report Interview with Rob Chang More >
"FCU will continue to explore and add pounds to what is already a world-class project." (12/22/15) Fission Uranium Corp. - The Energy Report Interview with Rob Chang More >
"EFR is well positioned to benefit from higher uranium prices." (12/22/15) Energy Fuels Inc. - The Energy Report Interview with Rob Chang More >
"FCU intends to sell $82M or 19.9% of the company to CGN Mining." (12/22/15) Fission Uranium Corp. - Jeb Handwerger, Gold Stock Trades More >