May. 3 at 9:44 AM
$DMXCF If the market applied the same per-pound valuation to District Metals as it did to CPM before Sweden’s 2018 uranium ban—adjusted for both a 9x larger uranium resource and uranium spot prices rising from
$25 to
$80/lb—District would be worth an estimated:
• C
$9.5 billion
• US
$6.94 billion
Current market cap: just a tiny fraction of that.
District Metals (
$DMX.v /
$DMETF) might be one of the most overlooked uranium plays on the planet.