Q: I just read an article on Uranium Royalty Corp it said….
Despite having "royalty" in its name, only one of Uranium Royalty's assets generates royalty revenue.
The main sources of income for the company are the sale of assets and the sale of its own shares, which leads to constant dilution of shareholders.
In our opinion, the value of the company's assets is 30% lower than the current market capitalization. The value of many royalties may be close to zero.
I own shares and I am waiting the next 10 years for peak uranium prices. please comment on my statement, the article and if is there a silver lining in this company such as the management team.
Thank you
Despite having "royalty" in its name, only one of Uranium Royalty's assets generates royalty revenue.
The main sources of income for the company are the sale of assets and the sale of its own shares, which leads to constant dilution of shareholders.
In our opinion, the value of the company's assets is 30% lower than the current market capitalization. The value of many royalties may be close to zero.
I own shares and I am waiting the next 10 years for peak uranium prices. please comment on my statement, the article and if is there a silver lining in this company such as the management team.
Thank you