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AMU - AMERICAN URANIUM LTD

12 May 2026, 09:09 AM AEST|52wk: -|- shares
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Price
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Target
A$0.181
Upside
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Mkt Cap
A$12M
Cash
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0

Investment Thesis

Asset: Wyoming ISR-style uranium; flagship Lo Herma at 9.45Mlbs Uā‚ƒOā‚ˆ @ 720ppm (43% Indicated) — solid grade for roll-front style. Total resource 11.11Mlbs plus a chunky 12–16Mlbs exploration target. Utah conventional U/V assets add optionality. šŸŒŽāš›ļø

What No One Else Is Seeing

1
Geological Edge

Project Assessment

Asset: Wyoming ISR-style uranium; flagship Lo Herma at 9.45Mlbs Uā‚ƒOā‚ˆ @ 720ppm (43% Indicated) — solid grade for roll-front style. Total resource 11.11Mlbs plus a chunky 12–16Mlbs exploration target. Utah conventional U/V assets add optionality. šŸŒŽāš›ļø

2
Valuation

Fair Value Assessment

At US$80/lb spot, 11.11Mlbs is worth ~US$889M in-ground; applying a typical 1–1.5% in-situ multiple gives A$13–20M fair value vs A$12M market cap — barely any margin of safety. Offer price unknown makes precise discount assessment impossible. BPAY malfunction requiring a closing date extension is a minor but telling operational stumble for a micro-cap. 😬

3
Risk Factor

Key Concerns

A$12M market cap micro-cap with unknown liquidity, no price history provided, BPAY facility failure signalling thin operational infrastructure, non-renounceable structure disadvantages non-participants, and uranium permitting/development timeline in Wyoming remains long. 🚨

4
Verdict

WAIT

Geological story is genuinely interesting but A$12M cap on 11Mlbs resource is barely cheap at current uranium prices — wait for post-close shortfall shares or open-market entry with a known price and confirmed liquidity. ā³ šŸ“ž Bruce Lane — CEO | +61 8 6285 1557 | info@americanuranium.com.au šŸ“ž Beverly Jedynak — IR, Viriathus Capital | beverly.jedynak@viriathus.com

Valuation & Price Target

At US$80/lb spot, 11.11Mlbs is worth ~US$889M in-ground; applying a typical 1–1.5% in-situ multiple gives A$13–20M fair value vs A$12M market cap — barely any margin of safety. Offer price unknown makes precise discount assessment impossible. BPAY malfunction requiring a closing date extension is a minor but telling operational stumble for a micro-cap. 😬

Bear
A$0.099
Base
A$0.181
Bull
A$0.287

Key Risks

A$12M market cap micro-cap with unknown liquidity, no price history provided, BPAY facility failure signalling thin operational infrastructure, non-renounceable structure disadvantages non-participants, and uranium permitting/development timeline in Wyoming remains long. 🚨

Key Catalysts

DateEvent
Near-termPending drill results / assays
Medium-termResource estimate update
AI Analyst Note

Geological story is genuinely interesting but A$12M cap on 11Mlbs resource is barely cheap at current uranium prices — wait for post-close shortfall shares or open-market entry with a known price and confirmed liquidity. ā³ šŸ“ž Bruce Lane — CEO | +61 8 6285 1557 | info@americanuranium.com.au šŸ“ž Beverly Jedynak — IR, Viriathus Capital | beverly.jedynak@viriathus.com

This report is prepared by Clubroom Research for informational purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any security. All opinions and estimates are subject to change without notice. Always do your own research and consult a licensed financial adviser before making investment decisions. Past performance is not indicative of future results.

AI-Generated Analysis - This report was produced using Clubroom Stocks' proprietary AI engine, built on our own curated databases, custom training pipelines, and specialist prompting frameworks developed exclusively for ASX resource sector analysis. This is not financial advice. Always do your own research before making investment decisions.

Rating History — 17 alerts

šŸŒ Australia — Tier 1 (full upside)

All returns measured from alert price as Day 0

DateAnnouncementVerdictAlert PriceSince AlertDay 1Day 5Day 20
11 May 26Extension to Rights Issue Closing Date
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↓ Downgradedfrom UNDERVALUED to WAIT
1 May 26Despatch of Prospectus and Offer Open
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1 May 26Despatch of Prospectus and Offer Open
šŸ’ŽUndervalued
A$0.102
-5.0%
A$0.095
-2.0%
-5.0%
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↑ Upgradedfrom WAIT to UNDERVALUED
23 Apr 26Drilling at Lo Herma to Commence Early May 2026
šŸ’ŽUndervalued
A$0.115
-26.1%
A$0.095
-14.4%
-22.2%
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23 Apr 26Entitlement Issue Prospectus
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22 Apr 26American Uranium Entitlement Offer Update
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21 Apr 26American Uranium Entitlement Offer Update
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↓ Downgradedfrom PARTICIPATE to WAIT
17 Apr 26American Uranium Launches Entitlement Offer to Raise $2.58M
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↑ Upgradedfrom WAIT to PARTICIPATE
16 Apr 26American Uranium Launches Entitlement Offer to Raise $2.58M
🟢Participate
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16 Apr 26Completion of Placement
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9 Apr 26Placement and Rights Issue to Advance Lo Herma Project
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8 Apr 26Placement and Rights Issue to Advance Lo Herma Project
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A$0.120
-20.8%
A$0.095
-4.2%
-4.2%
-8.3%
7 Apr 26Trading Halt
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11 Aug 25Snow Lake Completes Due Diligence and Confirms Placement
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10 July 25Placement Shares Issued & Drilling Approval Expected August
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30 June 25A$4.5M Placement to Underpin Resource Growth Strategy
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26 June 25Trading Halt
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Day 1 = 1 trading day after alert. Day 5 = 5 trading days. Day 20 = 20 trading days. Live = current price vs alert price. Each alert tracks independently — a re-rating starts fresh tracking from the new alert price.