Robust PEA Bolsters M&A Prospects

Published: 3/14/2024

Author: Sid Rajeev, B.Tech, CFA, MBA

Robust PEA Bolsters M&A Prospects - Main Image

*See important disclosures at the bottom of this report

Sector: Energy | Industry: Uranium

Ticker Symbols:

BSK.V - NEO 🔹

BKUCF - NASDAQ 🔹

Rating and Key Data

Metrics	Value
Current Price	US $0.06
Fair Value	US $0.46
Risk	5
Week Range	US $0.05-0.11
Shares O/S (M)	260
Market Cap. (M)	US $16
Current Yield (%)	n/a
P/E (forward)	n/a
P/B	n/a

Highlights

➢ BSK has completed an updated Preliminary Economic Assessment (PEA) for its flagship Amarillo Grande project in Argentina.

➢ The PEA reported an AT-NPV8% of US$228M, and a high AT-IRR of 39%, using US$75/lb U 3 O 8 vs the spot price of US$91/lb. BSK is trading at just 5% of the NPV.

Rating and Key Data

Metrics	Value
Current Price	US $0.06
Fair Value	US $0.46
Risk	5
Week Range	US $0.05-0.11
Shares O/S (M)	260
Market Cap. (M)	US $16
Current Yield (%)	n/a
P/E (forward)	n/a
P/B	n/a

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