Blue Sky Uranium Corp.
Robust PEA Bolsters M&A Prospects
Published: 3/14/2024
Author: Sid Rajeev, B.Tech, CFA, MBA
Sector: Energy | Industry: Uranium
Ticker Symbols:
BSK.V - NEO 🔹
BKUCF - NASDAQ 🔹
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.
➢ Compared to the 2019 PEA, NPV increased by 68%, and IRR by 10 pp (percentage points), due to higher uranium prices, partially offset
