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 🔹
Rating and Key Data
| Metrics | Value |
|---|---|
| Current Price | US $0.06 |
| Fair Value | US $0.46 |
| Risk | 5 |
| 52 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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Report Highlights
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
