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  • Interview With Uranium Expert Mickey Fulp, He Loves Energy Fuels Inc. [View article]
    bullish Reuters article on Chinese nuclear power development...

    http://reut.rs/N61Kow
    Mar 12, 2014. 08:46 AM | 1 Like Like |Link to Comment
  • Commodities Today: Uranium Rising As Copper Falls On Demand Concerns [View article]
    hardball says, "key risk to this story in China"

    See this Reuters article...

    http://reut.rs/N61Kow
    Mar 12, 2014. 08:45 AM | Likes Like |Link to Comment
  • Cannabis Science - Digging Deeper Into This Pot Play [View article]
    Lots of good comments here...

    Which companies in the space are predominately tied to selling the lights and hardware for growing plants? Obviously PHOT, who else? Thanks
    Mar 11, 2014. 03:09 PM | Likes Like |Link to Comment
  • Marijuana: A New Investment Opportunity [View article]
    Lots of good comments here.

    Which companies are most directly involved in selling lights, equipment, hardware (either online or in brick and mortar stores)? Obviously PHOT, which others? Thanks.
    Mar 11, 2014. 02:59 PM | Likes Like |Link to Comment
  • The New Rango Energy Ready To Rock And Roll [View article]
    lisaE,

    You're 100% correct to point out that some investors got burned by Rango when their 25% Working Interest (non-operating) well in the San Joaquin basin of California got stuck. Last summer the stock reached a high of about 40c/share, on what I believe is the exact same number of shares outstanding.

    Some investors will never come back to Rango, once bitten, twice shy. However, I think the failed well created an investment opportunity. I fully recognize that the new Chairman/CEO will have to execute to regain the market's trust. This remains a high risk/high return stock. For me, the risk is A LOT lower at 9c than it was at 40c or 30c or 20c, and the projects that Rango now has access to are far superior.

    Today you can buy Rango shares at a 75% discount.
    Mar 10, 2014. 09:43 AM | 1 Like Like |Link to Comment
  • The New Rango Energy Ready To Rock And Roll [View article]
    ericsarmy,

    You make good points. Rango might have bit off more than it could chew last summer with the deep McAdams well that got stuck. However, Rango was not the operator of that well and has nothing further to do with it.

    Importantly, Rango (through INNEX) has the drill data from that well and can use the data to avoid making the same mistake(s).

    Bottom line: 9 months ago, Rango had a 25% Working Interest in that McAdams well and another company had 25% and INNEX 50%. Today, when Rango goes back to drill a McAdams well within a few hundred feet of the stuck well, Rango will have a 50% Working Interest and INNEX 50%. We probably won't see that happen for close to a year from now.

    As far as your other point about the new management team going after lower risk production first, that absolutely appears to be the case. Look no further than Rango/INNEX participating with OXY on 2 Kreyenhagen wells this Spring/Summer. These wells are expected to have gross IP rates of 200-300 boe/day- not company making wells, but this initial cash flow (Rango's share) will de-risk the Rango story and allow the company to grow.
    Mar 9, 2014. 09:28 AM | 1 Like Like |Link to Comment
  • The New Rango Energy Ready To Rock And Roll [View article]
    400 boe/day (net to Rango Energy) would generate annual run-rate revenue (after royalties) of about $10 million. Assuming 1/4 of that net revenue is operating profit, that would be a $2.5 million run-rate EBIT number exiting 2014. My sense from speaking with the Rango team is that 2015 could be an explosive production growth year (assuming funding initiatives are successful) . The company will need capital to grow, but they are hell bent on finding project-level financing to avoid equity dilution.

    I personally think the company could break through 1,000 boe/day (net to Rango) next year. That would be $25 million of after-tax revenues assuming the current oil price. By next year Rango expects to be advancing larger projects with INNEX/Hess/OXY. Therefore, the production exit rate, (net to Rango) for 2015 could be above 1,000 boe/day.

    If the company gets into production by this summer with OXY and raises non-dilutive capital, the valuation per Rango share could rise significantly. For example, at a potential 1,200 boe/day (net to Rango) run-rate sometime next year, Rango would be generating at least $7.5 million of cash flow.

    What multiple could one attach to that level of growing cash flow? Even a conservative 5x multiple would make Rango shares worth 3x-4x the current share price assuming a 25% EBIT margin. At a 50% EBIT margin, Rango shares could be worth 6x-8x the current share price. To be clear, I don't know what the operating margin might be, but 25% is not an aggressive assumption.

    There's still a lot of risk here, but this is onshore U.S., near-term production with Blue-Sky potential, not early exploration, offshore west Africa type of risk.
    Mar 7, 2014. 02:49 PM | 1 Like Like |Link to Comment
  • The New Rango Energy Ready To Rock And Roll [View article]
    Subsequent to the date of this interview, Rango announced that OXY had in fact contacted them about the California wells. Rango will participate in 2 OXY operated wells in the San Joaquin basin. Here's the press release...

    http://bit.ly/1fdGaW4
    Mar 7, 2014. 12:11 PM | 1 Like Like |Link to Comment
  • Interview With Uranium Expert Mickey Fulp, He Loves Energy Fuels Inc. [View article]
    UAX could be really good. Agreed.

    However, how is UAX different from several other Athabasca juniors looking to be the next NexGen? Thanks.
    Feb 28, 2014. 09:26 AM | 1 Like Like |Link to Comment
  • Interview With Uranium Expert Mickey Fulp, He Loves Energy Fuels Inc. [View article]
    Harking back to a debate I had with commenter tcelling a few weeks ago, 2 analysts raised their price targets today on URG, 1 from C$1.7 to C$2.0 and another analyst from C$1.8 to C$2.2.
    Feb 27, 2014. 12:12 AM | 2 Likes Like |Link to Comment
  • Interview With Uranium Expert Mickey Fulp, He Loves Energy Fuels Inc. [View article]
    Energy Fuels is still trading at a whopping 69% discount to the average of URZ, URG, PDN and UEC. That's on an EV/LBS ratio basis.

    Even though Energy Fuels stock has ripped higher, URZ and URG stocks have done the same or better and are up over 100% from their respective 52-week lows. So, the while the uranium tide is lifting all boats, there's still A LOT of room for Energy Fuels to close the valuation gap....
    Feb 26, 2014. 02:43 PM | Likes Like |Link to Comment
  • Energy Fuels Inc: An Under-Appreciated Nuclear Renaissance Story [View article]
    Energy Fuels is still trading at a whopping 69% discount to the average of URZ, URG, PDN and UEC. That's on an EV/LBS ratio basis.

    Even though Energy Fuels stock has ripped higher, URZ and URG stocks have done the same or better and are up over 100% from their respective 52-week lows. So, the while the uranium tide is lifting all boats, there's still A LOT of room for Energy Fuels to close the valuation gap.
    Feb 26, 2014. 02:42 PM | 1 Like Like |Link to Comment
  • Interview With Uranium Expert Mickey Fulp, He Loves Energy Fuels Inc. [View article]
    EFR still trading at a large discount to the average of Uranerz, Paladin, UR-Energy and UEC on an EV/LBS ratio basis...
    Feb 26, 2014. 10:24 AM | 1 Like Like |Link to Comment
  • Energy Fuels Inc: An Under-Appreciated Nuclear Renaissance Story [View article]
    EFR still trading at a large discount to the average of Uranerz, Paladin, UR-Energy and UEC on an EV/LBS ratio basis.
    Feb 26, 2014. 10:23 AM | 1 Like Like |Link to Comment
  • Energy Fuels: Deep Value In Uranium [View article]
    I wish I bought more....but I already own several other natural resource stocks, not just Energy Fuels.

    EFR still trading at a large discount to the average of Uranerz, Paladin, UR-Energy and UEC on an EV/LBS ratio basis.
    Feb 26, 2014. 10:22 AM | 1 Like Like |Link to Comment
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